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Springfield Gardens NY, 11413 $988,000

Retail Commercial  

Details ML#: 802378  

  • Sale or Rent:Sale
  • Year Built: 1933
  • Taxes: $17,580
  • Status:Active

Description

Calling All Investors, Developers & End-Users!!! 1, 800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1, 800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America.Income:Deli (1, 800 Sqft. + 1, 800 Sqft. LL): $52, 800 Ann.; Lease Exp.: 11/1/2029.Verizon Tower: $24, 000 Ann.; Lease Exp.: 2053.2 Parking Spaces (Landscaper): $6, 000 Ann. M-M.Gross Income: $82, 800 Ann. Expenses:Gas: $0Electric: $0 Water & Sewer: $700 Ann.Maintenance & Repairs: $250 Ann.Insurance: $2, 803 Ann.Taxes: $17, 579.76 Ann. Total Expenses: $21.332.76 Ann.Net Operating Income (NOI): $61, 467.24 Ann.

More Property Details

Property Features

Lot Sq Ft: 3634   Parking Spaces: Yes   Parking Spaces: 2   Stories: 1  

Appliances & Utilities

Heat: Electric   A/C: Individual Units   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $17,580  

Local Area Information

Zoning: R4B   Block: 13514   Lot: 0001  

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  1. Presented by
    Daniel Gale Sotheby’s International Realty - Nancy Jarvis
    • NY Residential RE
    • Licensed Real Estate Broker
    • (917) 921-9108
    •   Contact Us
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