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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
3,600
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1931
full baths
Full Baths
0
half baths
Half Baths
0
Calling All Investors, Developers, & End-Users!!! 5 Unit 3,600+ Sqft. Corner Mixed-Use Building On Linden Blvd. For Sale!!! The Property Features Excellent Signage, Great Exposure, R5B/R3X/C2-3 Zoning, High 10’ Ceilings, Basement, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Jamaica 1 Block From Merrick Blvd. & Minutes From The St. Albans LIRR Station!!! The Property Has 21’ Of Frontage On Linden Blvd. & 117’ Of Frontage On 172nd St.!!! Neighbors Include Chase Bank, Citizens Bank, The Home Depot, Stop & Shop, Crunch Fitness, AutoZone, Mobil, Conoco, McDonald’s, Domino’s Pizza, Papa John’s, IHOP, Liberty Tax, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Store (2,400 Sqft.): $51,600 Ann.; $1,200 Ann. Inc.; Lease Exp.: 9/1/28. Apt. 1 (1 Br.): $22,200 Ann.; Lease Exp.: 6/30/25. Been Here 4 Years So Far. Apt. 2 (3 Br.): $36,000 Ann. (Delivered Vacant) Apt. 3 (1 Br.): $19,800 Ann.; Lease Exp.: 6/30/25. Apt. 4 (1 Br.): $19,200 Ann.; M-M. Tax Rebate (Paid By The Store): $5,000 Ann. Water Rebate (Paid By The Store): $6,000 Ann. Pro Forma Gross Income: $159,800 Ann. Expenses: Gas: $2,826 Ann. Electric: $560 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $1,800 Ann Insurance: $2,823 Ann. Taxes: $18,257.76 Ann. Total Expenses: $26,516.76 Ann. Net Operating Income (NOI): $133,283.24 Ann. (Pro Forma 8.33 Cap!!!)
Location
Subdivision -
County Queens
Elementary School -
Middle School -
High School -
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MLS number: 828737
Listing agent: Richard Matt Shane #10301216230
Listing broker: All Island Estates Realty Corp (516) 532-9184
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Monday, March 3 2025 at 7:54 p.m. EST
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