106-15 Northern BlvdQueens, NY 11368

For Sale
$3,999,000

Prime Queens location, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional three-story mixed-use building, located at 106-15 Northern Blvd in Queens, New York, presents a compelling investment opportunity. The property boasts a prime corner lot spanning 5,500 square feet (55.25 ft x 100 ft), and features a configuration of one commercial unit on the ground floor, two residential units on the upper floors, and an adjacent tire shop. The main building measures 28 feet by 57 feet and includes a basement. The property benefits from a modified lease structure and is currently 100% occupied, offering immediate cash flow. Alternatively, the property can be delivered vacant. The building is well-maintained, with a roof replaced just 10 years ago, ensuring long-term structural integrity. Tenants are responsible for their own utilities, minimizing operational expenses for the owner. The property is zoned R6a and C2-4, providing flexibility for future development or expansion. This is a rare opportunity to acquire a well-positioned, income-generating property in a thriving Queens neighborhood. The asking price is $3,999,000.

Highlights

  • Three-story commercial building with basement: one commercial unit, two residential units, and a tire shop.
  • Building dimensions: 28' x 57'.
  • Lot size: 55.25' x 100'.
  • Zoning: R6a, C2-4.
  • Fully leased, with option to deliver vacant.

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7579775
Longitude
-73.862217
106-15 Northern Blvd, Queens, New York

FAQs

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106-15 Northern Blvd
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