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$3,990,000
Est. payment /mo
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Key Details
Property Type Mixed Use, Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 855028
Rental Info No
Year Built 1925
Annual Tax Amount $23,346
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime Mixed-Use Investment Opportunity in Flushing
This exceptional dual-property portfolio offers a rare combination of commercial and residential income streams on bustling Northern Boulevard. The property features 2 street-level retail spaces plus 4 stable residential units, with the added benefit of a full basement, private driveway, and rear parking area. The wide storefront exposure on this major arterial road ensures maximum visibility for commercial tenants.
With an impressively low combined tax burden annually, this C2-2 zoned asset delivers strong cash flow from the upstairs residential units while offering upside potential through commercial lease-ups. The strategic Flushing location and diversified income structure make this one of the lowest-risk investment opportunities in Northern Queens. Ideal for investors seeking a balanced portfolio with both immediate returns and long-term appreciation potential.
This exceptional dual-property portfolio offers a rare combination of commercial and residential income streams on bustling Northern Boulevard. The property features 2 street-level retail spaces plus 4 stable residential units, with the added benefit of a full basement, private driveway, and rear parking area. The wide storefront exposure on this major arterial road ensures maximum visibility for commercial tenants.
With an impressively low combined tax burden annually, this C2-2 zoned asset delivers strong cash flow from the upstairs residential units while offering upside potential through commercial lease-ups. The strategic Flushing location and diversified income structure make this one of the lowest-risk investment opportunities in Northern Queens. Ideal for investors seeking a balanced portfolio with both immediate returns and long-term appreciation potential.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available See Remarks
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Others
Special Listing Condition None
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Listed by B Square Realty • Li Li
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716