$2,400,000
bedrooms
9
bathrooms
6
square feet
3,500
Acreage
0.0
Open Houses
-
year built
1930
Full Baths
5
Half Baths
1
Welcome to a remarkable investment opportunity in the heart of Middle Village! This meticulously maintained mixed-use property combines newly renovated residential apartments with retail spaces, offering a versatile and lucrative investment opportunity in a thriving neighborhood. Property Features: Newly Renovated Apartments: The residential component of this property boasts a selection of newly renovated apartments, including 1 studio, 1 three-bedroom, 1 one-bedroom, and 3 two-bedroom units. All apartments are free-market, providing flexibility and potential for increased rental income. Prime Location: Situated in Middle Village, this property enjoys proximity to all shops, transportation, and major highways, ensuring convenience for residents and retailers alike. Tenants benefit from easy access to amenities and transportation hubs, enhancing the property's attractiveness and rental potential. Commercial Retail Spaces: The property features two retail spaces, ideal for businesses looking to capitalize on the bustling foot traffic in the area. With excellent visibility and accessibility, these retail spaces present an exciting opportunity for entrepreneurs and businesses seeking prime storefront locations. Durable Construction: Built on a stone foundation, fully sealed and weatherproofed, this property offers durability and longevity. With a 10-year boiler, 10-year water tank, and a new roof, maintenance concerns are minimized, providing peace of mind for investors. Upside Potential: With free-market residential units and commercial retail spaces, this property offers significant upside potential for increased rental income and appreciation. Investors can capitalize on the thriving rental market and vibrant commercial activity in Middle Village. Clean and Well-Maintained: This brick three-story property sits on a 20x95 lot and boasts a building size of 20x80. Clean, well-maintained, and thoughtfully designed, this property is an attractive investment opportunity for discerning investors seeking a reliable income stream and long-term appreciation. Don't miss out on this exceptional investment opportunity in Middle Village! Seize the opportunity to secure your financial future and capitalize on the thriving real estate market in this vibrant neighborhood. Contact us today to schedule a viewing and explore the potential of this prime mixed-use property! Unit #1 - Residential/Multifamily, Gross Area: 450, Rent Price: 1375, Full Baths: 1, Occupied, Unit Count: 1 Unit #2 - Residential/Multifamily, Gross Area: 700, Rent Price: 2100, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 2 Unit #3 - Residential/Multifamily, Gross Area: 850, Rent Price: 2675, Bedrooms: 3, Full Baths: 1, Occupied, Unit Count: 3 Unit #4 - Residential/Multifamily, Gross Area: 700, Rent Price: 2200, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 4 Unit #5 - Residential/Multifamily, Gross Area: 550, Rent Price: 1800, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 5 Unit #6 - OFFICE, Gross Area: 350, Rent Price: 1395, Full Baths: 1, Occupied, Unit Count: 6 Unit #7 - OFFICE, Gross Area: 420, Rent Price: 1950, Half Baths: 1, Occupied, Unit Count: 7
Location | |
Subdivision | - |
County | Queens |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 11448485
Listing agent:
Raymond Rivera
Listing broker:
One Stop Multiservice Inc
(718) 554-0257
Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, March 11 2025 at 7:56 p.m. EDT
Kotohomes National
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