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$1,199,000
Est. payment /mo
1,824 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $657
MLS Listing ID 497804
Annual Tax Amount $5,606
Property Sub-Type Mixed Use
Property Description
Mixed-Use Investment Property in Springfield Gardens, NY 11413 – Fully Rented Excellent investment opportunity in the heart of Springfield Gardens! This well- maintained mixed-use property features a ground-floor deli with strong neighborhood visibility, plus a renovated three-bedroom residential apartment above—both fully leased with reliable tenants in place. The commercial space operates as a deli and benefits from steady foot traffic, established local clientele, and long-standing community presence. The Deli is producing over $350K annual net income. The updated 3- bedroom apartment offers modern finishes, spacious rooms, and solid rental income, making this an attractive, turn-key investment. Located near major thoroughfares, schools, public transportation, and local conveniences, this property provides stable cash flow and long-term growth potential in a highly desirable Queens neighborhood. Perfect for investors seeking a hands-on/off, income-producing asset from day one. The property is being offered for sale as a package for a total price of $1,199,000. Subject to E&O.
Location
State NY
County Queens
Area Springfield Gardens
Rooms
Basement Finished, Full
Interior
Interior Features Window Display
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Equity Essentials LLC
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716