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24158144
24158163

101-03 37th Avenue, New York, NY 11368

Keller Williams Rlty Landmark
Listed by Keller Williams Rlty Landmark
$1,685,000
352 days on market
Updated 288 days ago

101-03 37th Avenue

Details
APN 01742-0032
Property Type Mixed Use, Office
Sub Type Executive Office, Mixed Use
Square Footage 2,762
Units 3
Cap Rate 7.00%
NOI $118,044
Year Built 1930
Buildings 1
Stories 3
Acreage 0.057
Zoning R6B

Mixed Use | 7.00% CAP | 2,762 SqFt

Marketing description

Excellent investment opportunity with approx. 7% Cap Rate. This prime mixed-use property offers strong income potential and will be delivered fully vacant – ready for occupancy or leasing. The ground level features a versatile commercial space ideal for retail or office use, benefitting from high visibility and steady foot traffic in a thriving location near the 7 train and Northern Blvd. Above the commercial unit are two spacious residential apartments with a separate private entrance. The second-floor unit boasts four bedrooms, a full bathroom, living room, dining area, and a full kitchen – perfect for larger households or higher rental yield. The third-floor apartment offers two bedrooms, a full bathroom, living and dining areas, and a full kitchen. This property presents an attractive opportunity for investors and owner-operators alike, with flexible use options and proximity to public transportation, shops, and amenities.
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Listing Contacts

Keller Williams Rlty Landmark
Listed by Keller Williams Rlty Landmark

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$118,044.00
$9,837.00/mo

Valuation Metrics

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DSCR
7.01%
Cap Rate
7.01%
ROI

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