$730,000
$1,444,444
49.5%For more information regarding the value of a property, please contact us for a free consultation.
2,407 SqFt
SOLD DATE : 12/07/2021
Key Details
Sold Price $730,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,407 sqft
Price per Sqft $303
MLS Listing ID L3238536
Annual Tax Amount $5,029
Property Description
Great Investment Opportunity! Mixed use property close to bus and train. 6.3% Cap rate! Restaurant on the first floor (Los Cualtro Reyes) and two one bedroom apartments on the second floor. Apartment sq. ft. is 450.each 2000 sq. ft. plus 1000 sq. ft. basement. Building is newly renovated. The restaurant has a ten year lease with two 5 year options (20 years total). 3% annual rent increase. Strong tenants., chain restaurant., Additional information: Business Located At:,Rental Income:,vac_perc:0, Building Size:2000 sq. ft
Location
State NY
County Queens
Interior
Heating Forced Air, Oil
Building
Sewer Shared
Schools
High Schools Queens 25
School District Queens 25
Others
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with LAFFEY REAL ESTATE