Listed by 5 Boro Realty Corp
$1,400,000
118-65 farmers blvd
Details
Property Type Multifamily, Retail
Square Footage 4,356
Year Built 1930
Year Renovated 2025
Buildings 1
Acreage 0.100
Zoning R3A
Ground Lease No
Sale Condition N/A
Rare Corner Mixed-Use Investment — St. Albans, Queens
Marketing description
A standout corner asset in one of Southeast Queens' most active commercial corridors. This single-story mixed-use building holds a prime, high-traffic corner on Farmers Boulevard with frontage on two streets, exceptional exposure and a built-in tenant draw. The ground-floor deli/grocery anchor is locked in through 2031, complemented by two residential apartments (3BR + 2BR). Strong location fundamentals, a long-term anchor tenant, and genuine upside make this a compelling, low-maintenance play for investors seeking durable demand in a proven market.
Investment highlights
- Prime corner with dual-street frontage, Farmers Blvd & 119th Ave
- Deli/grocery anchor secured through 2031
- Two apartments (3BR + 2BR) completing the mix
- Major systems updated by owner: new boiler, plumbing, and electrical throughout, minimal deferred maintenance
- Single-story, low-maintenance building
- Transit-rich: Q3/Q4/Q84 buses + LIRR St. Albans station
- Minutes to JFK International Airport
- High-traffic, densely populated Southeast Queens corridor
- Value-add potential for investors and owner-users
Listing Contacts
Listed by 5 Boro Realty Corp
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
R3A ResidentialTwo FamilyDetached Residence
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
