Listed by RE/MAX Team
$1,499,000
LIC Development Site Taxpayer
Details
APN 00472-0625
Property Type Land, Retail
Sub Type Storefront
Square Footage 2,475
Net Rentable (SqFt) 1,465
Cap Rate 2.67%
NOI $40,000
Tenancy Multi
Price per SqFt $606
Broker Co-Op Yes
Year Built 1910
Acreage 0.057
Zoning R6,C1-3
Investment Type Institutional
Occupancy Date 05/01/2026
LIC 2,475 SF Development site near Queensborough Bridge
Marketing description
For Sale an excellent location Mixed Used Development Site:
Lot Size: 25 x 99.33...Building size: 25 x 55. Zoning: R6, C1-3...Can Build minimum 5,500 SF... Currently occupied by 2 stores. Opportunity zone area. 2 Blocks to the F train. 3 blocks to Queensborough bridge.
Ideal to build a mixed used property.
Investment highlights
3 Blocks to Qeensborough Bridge
5 Minutes to Manhattan
Mixed Use opportunity
Listing Contacts
Listed by RE/MAX Team
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,000.00
$3,333.33/mo
Valuation Metrics
0
DSCR
2.67%
Cap Rate
2.67%
ROI
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