172-12 Linden BlvdQueens, NY 11436

For Sale
$1,300,000

Queens, NY Mixed-Use Property - High Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property at 172-12 Linden Blvd, Queens, NY 11436, presents a compelling investment opportunity. Priced at $1,300,000, this property boasts a unique blend of commercial and residential space. The building features two residential units, potentially deliverable vacant, offering significant upside potential for rental income. Currently, one commercial unit is leased. A full basement provides ample storage space. Recent upgrades include a newer gas furnace, hot water heater, and updated electrical systems. The current rental income is below market value, indicating a strong opportunity to increase cash flow. The property enjoys a highly convenient location, close to a variety of shopping, dining, and houses of worship. Public transportation is readily accessible, with MTA bus service within 100 feet. The motivated seller is eager to finalize a transaction. This property is ideal for investors seeking a strong return on investment in a desirable Queens neighborhood. Contact us today for complete details and to schedule a viewing.

Highlights

  • Two residential units, potentially vacant upon closing.
  • One commercial unit, currently leased.
  • Full basement.
  • Updated gas furnace, hot water heater, and electrical system.
  • Below-market rents, offering upside potential.
  • Excellent location near shopping and restaurants.

Property Details for 172-12 Linden Blvd

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
1 SF
Units
2

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.6718171
Longitude
-73.7977928
172-12 Linden Blvd, Queens, New York

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172-12 Linden Blvd
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