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112-21 Farmers BLVD Saint Albans, NY 11412
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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 935219
Style Mid Rise
Year Built 1930
Annual Tax Amount $14,000
Property Sub-Type Multi Family
Property Description
Retail & Residential Mixed Use Building With 9.6% Cap Rate. 3 Units, Fully Rented, High Monthly Cash Flow, ($10,706) Gross Operating Income ($128,472 Annual). Pharmacy ground floor, 2 Residential Rental Apts Second Floor. 1 2 Bedroom, 1 3 Bedroom. All Leases Expire 2028. Busy Commercial Location. This Multi Family/Retail Investment Property Has Solid Financials, With Escalating Retail Lease, and Low Expenses. Great Opportunity For All Investors.
Location
State NY
County Queens
Interior
Heating Baseboard, Electric, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Flooring Combination
Exterior
Parking Features On Street
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens 25
School District Queens 25
Others
Special Listing Condition None
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Bought with Buyer Representation Office