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122-21 111th Avenue

122-21 111th Avenue, Queens, NY 11420

  • For Sale $310/Sqft
  • City Queens
  • Neighborhood South Ozone Park
  • Zip Code 11420
  • Market Queens
  • Property Type Mixed Use
  • Property Size 3,000 Sqft
  • Lot Size 2,000 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 1931
  • Date Updated 22 Jan, 2020
  • Construction Type Brick

Goldcap Real Estate Advisors has been retained on an exclusive basis to represent the sale of 122­21 111th Avenue, a FULLY VACANT corner mixed use building Between 123rd Street and 122nd Street. The subject property is a two ­story walkup consisting of 3,000 SF spanning across two residential units and retail on the ground floor (20X100) and a finished basement. Each apartment is two bedrooms and one bath. The retail space is 20x55FT with a total RSF of 1100 SF as well as a 20x12 Ft 240 SF back office with its own entrance. In addition there is an attached garage 20x15 300 SF that was being used as a studio and can be converted into an additional apartment or retail unit. The Asset Presents investors a unique opportunity to add Value by expanding the existing units or by converting the ground floor to add additional units. The projected Income assuming no change in certificate of occupancy is $100,200 yearly. With a conversion of the ground floor it can be significantly more. Asking Price:$930,000.00,

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Location

  • City Queens, NY
  • Neighborhood South Ozone Park
  • Zip Code 11420
  • Market Queens

Contacts

broker

Heshie Goldfein

Goldcap Real Estate Advisors

(212) 335-0708

FREQUENTLY ASKED QUESTIONS

What is the asking price at 122-21 111th Avenue?

The asking price for spaces at 122-21 111th Avenue rests at 930000 per square foot.

What is the total size of 122-21 111th Avenue?

122-21 111th Avenue has a total of 3,000 square feet.

What is the year built for 122-21 111th Avenue?

The year built for 122-21 111th Avenue is 1931.

Attachments

Contact Listing Broker

broker

Heshie Goldfein

Goldcap Real Estate Advisors

(212) 335-0708

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