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Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 500526
Annual Tax Amount $34,220
Property Sub-Type Mixed Use
Property Description
Prime Mixed-Use Corner Investment – Astoria
Rare opportunity to acquire a fully occupied mixed-use asset featuring 3 commercial units and 2 residential apartments, generating approx. $339K gross / $290K net (4.21% cap).
Positioned on a high-visibility corner at Broadway & Crescent St with strong foot traffic and established tenants.
Zoned R6A/C1-4 with significant upside — approx. 3,800+ buildable sq ft of unused air rights.
Minutes to N/Q trains. Ideal for investors seeking stable income in a prime Astoria corridor with long-term appreciation and development potential.
Rare opportunity to acquire a fully occupied mixed-use asset featuring 3 commercial units and 2 residential apartments, generating approx. $339K gross / $290K net (4.21% cap).
Positioned on a high-visibility corner at Broadway & Crescent St with strong foot traffic and established tenants.
Zoned R6A/C1-4 with significant upside — approx. 3,800+ buildable sq ft of unused air rights.
Minutes to N/Q trains. Ideal for investors seeking stable income in a prime Astoria corridor with long-term appreciation and development potential.
Location
State NY
County Queens
Area Long Island City
Rooms
Basement Other
Interior
Interior Features Kitchen, Living Space Available, Restrooms - Staff, Window Display
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Asphalt/Tar,Flat
Building
Foundation Block, Stone
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash
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Listed by Lucblue Realty LLC
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716