Calling All Investors, Developers & End-Users!!! 6.64 Cap 4 Unit, 3,630 Sqft. Building For Sale!!! The Property Is Situated On A 2,242 Sqft. That''s Zoned C5-3 (High Bulk Commercial District) Commercial FAR: 15.0 (33,630 Sqft. Buildable When 10,000 Sqft. Lot Or Larger)!!! Note: All Commercial Uses Are Exempt From Parking Requirements The Building Features Amazing Zoning, Excellent Location, Great Signage, +++!!! The Building Can Be Delivered 100% Vacant If Need Be All Tenants Are Month-Month Income: 4 Br Apartment: $36k Ann. M-M 4 Br Apartment: $36k Ann. M-M 2nd Floor Office: $72k Ann. M-M 1st Floor Deli: $156k Ann. M-M Gross Income: $300,000 Taxes: $38,269 Insurance: $3,300 Electric: $0 Gas: $0 Maintenance & Repairs: $250 Water: $0 Total Exp.: $41,819 Net Operating Income (NOI): $258,181 (6.64 Cap!!!)
Details:
Property Type:
Commercial
Acres:
0.05
Financials:
Price:
$3,500,000
All Island Estates Realty Corp. R. Matthew Shane Lic. Real Estate Salesperson Office: 516-783-5600
![[Long Island City Real Estate, listing number 3172662]](https://www.vlshomes.com/images/full/3172662a.jpg)
