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Key Details
Sold Price $730,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,407 sqft
Price per Sqft $303
MLS Listing ID KEYL3238536
Sold Date 12/07/21
Originating Board onekey2
Rental Info No
Annual Tax Amount $5,029
Lot Dimensions 19x50
Property Description
Great Investment Opportunity! Mixed use property close to bus and train. 6.3% Cap rate! Restaurant on the first floor (Los Cualtro Reyes) and two one bedroom apartments on the second floor. Apartment sq. ft. is 450.each 2000 sq. ft. plus 1000 sq. ft. basement. Building is newly renovated. The restaurant has a ten year lease with two 5 year options (20 years total). 3% annual rent increase. Strong tenants., chain restaurant., Additional information: Business Located At:,Rental Income:,vac_perc:0, Building Size:2000 sq. ft
Location
State NY
County Queens
Interior
Heating Forced Air, Oil
Fireplace No
Exterior
Private Pool No
Building
Sewer Shared
Schools
School District Queens 25
Others
Special Listing Condition None
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Bought with LAFFEY REAL ESTATE
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Devon Marie Ferdinand
Broker | License ID: 10311209766
Broker License ID: 10311209766