75-11 75-13 Metropolitan Ave

Middle Village, NY 11378
  • $3,450,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing CBE01 - 176463

Calling All Investors, Developers, & End-Users!!! 3 Unit Mixed-Use Building On A Huge 10,500 Sqft. Lot In Middle Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-3 Zoning, Huge Rear Yard, High 9’ Ceilings, Sprinklers, 15 Parking Spaces, Security Camera System, Separate Meters, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In the Heart Of Middle Village Minutes From The Metro Mall!!! The Property Has 55’ Of Frontage On Busy Metropolitan Avenue!!! Neighbors Include TD Bank, Webster Bank, Amazon, BJ’s Wholesale Club, Petco, Raymour & Flanigan, Ashley Furniture, Bob’s Discount Furniture, 7-Eleven, Dunkin’, Dollar Tree, Michaels, Panera Bread, Salvation Army, Dick’s Sporting Goods, Regal Cinemas, Wendy’s, Arby’s, +++!!! The Laundromat Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Laundromat: $84,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/1/36. (1) 10 Year Option. Pharmacy: $48,000 Ann.; 4% Ann. Inc.; Lease Exp.: 8/1/28. (1) 5 Year Option. Recording Studio: $37,800 Ann.; 3% Ann. Inc.; Lease Exp.: 9/1/28. Tax Rebate: $2,250 Ann. Gross Income: $172,050 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water & Sewer: $0 Ann. Insurance: $4,382 Ann. Taxes: $45,096 Ann. Total Expense: $49,478 Ann. Net Operating Income (NOI): $122,572 Ann.

Listing Highlights

Status Active
Days on Site 9
Property Type Commercial Sale
MLS ® 1035307
Year Built 1931
Total Square Footage 0
Lot/Acreage N/A
County Queens
School District Queens 24

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Heat Recovery System,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others: Renovated
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $45,096
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 03066-0023
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

75-11 75-13 Metropolitan Ave Middle Village, NY 11378

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Originating MLS: onekey2

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