Midland Beach Real Estate

339 Lincoln Avenue, Midland Beach, NY 10306

[Midland Beach Real Estate, listing number 3342905]
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Description: 3342905
   Exceptional opportunity to acquire a highly profitable, fully leased mixed-use property in a prime Mid-Island location. Situated at 339 Lincoln Ave, this incredibly versatile income-generator features three distinct, fully occupied units delivering an immediate, steady cash flow of $98,000 annually. The first floor hosts an established retail nail salon with excellent street visibility and high foot traffic. The second floor features a private, functional office space perfect for professional services. Positioned at the rear of the deep 4,949 sq ft lot is a highly coveted standalone industrial warehouse boasting robust masonry brick construction, generous 14-foot clear ceiling heights, and a 12-foot rollup doorâ??ideal for storage, distribution, or contractor use.  Perfectly positioned just minutes from the Grant City Staten Island Railway station and minutes from major traffic arteries, this low-maintenance asset represents the ultimate "set-and-forget" addition to your portfolio.

Details:
   Property Type: Commercial

Financials:
   Price: $1,550,000

 

Reliance Realty One LLC
Tsun M. (calvin) Lau
Office: (646)881-6225

provided by Brooklyn Bd of Realtors