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Keller Williams Realty Landmark
Keller Williams Realty Landmark
![[Fresh Meadows Real Estate, listing number 7290843]](https://www.vlshomes.com/images/full/7290843a.jpg)
| Description: 7290843 | |
| Presenting Retail Condo Unit 1A in a modern mixed-use condominium building built in 2018, located in the heart of Fresh Meadows. This ground-floor commercial unit offers approximately 9,748 SqFt and benefits from excellent visibility, strong pedestrian traffic, and a highly desirable location. Previously leased at $28,000 per month on a triple-net (NNN) basis, this property presents an attractive investment opportunity with a cap rate approaching 9%. The property also benefits from a tax abatement in place through 2033, helping to reduce operating expenses and enhance overall returns. Zoned R5D, the space accommodates a wide range of permitted uses, including retail, office, medical, community facility, and more, providing flexibility for both investors and owner-users. Situated in a thriving neighborhood with strong demographics and convenient access to major roadways, public transportation, and nearby shopping destinations, this is a rare opportunity to acquire a substantial commercial condominium in one of Queensâ?? most sought-after markets. | |
Details: |
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| Property Type: | House | |
| Built: | 2018 | |
| School District: | Queens 25 | |
Financials: |
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| Price: | $3,990,000 | |
| Taxes: | $25,440 | |
Designed, Developed, Hosted