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12
102-18 37th Avenue Flushing, NY 11368

$1,349,000

8 Bedrooms 5 Full Baths

Commercial For Sale ML# 3541648

A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.

Presented By: Daniel Gale Sothebys Intl Rlty 516-627-4440
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Audio
Auto
Bar
Beauty/Barber
Church
Deli
Distributor
Drug/Beauty
Fast Food
Florist/Nursery
Gas Station
Health Spa/Gym
Laund/Dry Clean
Liquor Store
Maintenance
Manufacturer
Marine
Misc
Motel/Hotel
Pizza
Recreation
Restaurant
Retail
Retail Food
Routes
Services
Stationary
Video
Wholesale

1 properties match your search;

1 with Multiple photos ; 0 with Virtual Tour ; 0 with Videos

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