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96-12 31st Avenue
East Elmhurst NY 11369 US

$1,249,000

Active Listing ID 3579685
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Lot: 0.04 Acres
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Mixed Use

$1,249,000

Active Listing ID 3579685
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96-12 31st Avenue All brick mixed use corner property with low taxes and low maintenance costs in East Elmhurst, Queens. Building features a large storefront on first floor (delivered vacant) and 2 two bedroom residential apartments on the second floor. Store is a generous 1216 sq ft with two bathrooms, roughed out commercial kitchen, access to basement and access to backyard. Currently setup as a convenience store (Rent: $6, 000/mo VOT). Second floor features a 2 bedroom/1 bath front unit in average condition (Rent: $1, 750 MTM) and a 2 bedroom/1 bath rear unit in original condition (Rent: $1, 790 MTM). Both residential tenants are in good standing and pay on time every month. Building also features a fully finished basement and is located right on 31st Ave which is a busy thoroughfare in the area. 2 blocks from Northern Blvd, 1 block from Astoria Blvd. Interest rates are coming down, ensure a solid return with this 7.5% cap rate in a prime area of Northwest Queens. Ideal for 1031 exchange, business owner, and/or income investor. Take advantage of this great opportunity!

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Heating Fuels: Hot Water

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 1249000
  • unparsedaddress: 96-12 31st Avenue
  • postalcity: East Elmhurst
  • stateorprovince: NY
  • country: US
  • postalcode: 11369
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.760425
  • longitude: -73.872345
  • listagentfullname: George Herrera
  • listagentemail: info@nyhometeams.com
  • listagentkey: 3yd-MLSLINY-159697
  • listagentmlsid: 159697
  • listagentpreferredphone: 3478461200
  • listagentofficephone: 3478461200
  • listofficekey: 3yd-MLSLINY-KLRW01
  • listagentstatelicense: 10401224259
  • listofficemlsid: KLRW01
  • disclaimer: Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1925
  • listingcontractdate: 2024-09-18
  • listagenturl: http://www.kwnyhomes.com
  • countyorparish: Queens
  • parcelnumber: 01408-0006
  • heating: Hot Water
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.872345, 40.760426
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Landmark II", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"frontdesk881@kw.com", "ListBrokerageCity":"Jackson Heights", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ssoric@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/25515a01f12411e0911d00219b994c72/20111007173754523.png", "ListBrokerageName":"Keller Williams Landmark II", "ListBrokeragePhone":"347-846-1200", "ListBrokeragePostalCode":"11370", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7535 31st Ave", "ListBrokerageWebsiteUrl":"http://www.kwnyhomes.com", "ListOfficeAddress1":"7535 31st Ave Ste 202", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Jackson Heights", "ListOfficeCountry":"US", "ListOfficeEmail":"sold@teamshameer.com", "ListOfficePostalCode":"11372", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - East Elmhurst, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/3579685/?channel=rexren", "MLSModificationTimestamp":"2024-10-18T14:41:23Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8026, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:57:06 AM GMT
Source Updated Date: 11/15/2024 7:05:52 AM GMT

Courtesy of: George Herrera, Keller Williams Landmark II, info@nyhometeams.com

Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.