Description
Excellent mixed-use investment opportunity in the heart of North Flushing / Murray Hill. This well-located 2-story mixed-use building features one commercial store space on the ground floor and one residential apartment on the second floor, with an estimated return of over 6%. The building size is approximately 20x 48 SF. Lot size is 20x 60.50 SF. The ground floor is currently configured as a bar space with high ceilings and an open layout, suitable for a variety of commercial uses. The second floor features a well-maintained 3-bedroom, 1-bath apartment with a practical layout. The full basement offers additional space equal to the first floor, ideal for storage or extended use. Annual property tax is approximately $6,945, making this an attractive opportunity with low carrying costs. Conveniently located near Auburndale and Broadway LIRR stations, with easy access to the Q28 bus, and just minutes from Northern Blvd’s commercial corridor and Downtown Flushing. A rare opportunity for investors or end-users seeking strong income potential in a prime location.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Excellent mixed-use investment opportunity in the heart of North Flushing / Murray Hill. This well-located 2-story mixed-use building features one commercial store space on the ground floor and one residential apartment on the second floor, with an estimated return of over 6%. The building size is approximately 20x 48 SF. Lot size is 20x 60.50 SF. The ground floor is currently configured as a bar space with high ceilings and an open layout, suitable for a variety of commercial uses. The second floor features a well-maintained 3-bedroom, 1-bath apartment with a practical layout. The full basement offers additional space equal to the first floor, ideal for storage or extended use. Annual property tax is approximately $6,945, making this an attractive opportunity with low carrying costs. Conveniently located near Auburndale and Broadway LIRR stations, with easy access to the Q28 bus, and just minutes from Northern Blvd’s commercial corridor and Downtown Flushing. A rare opportunity for investors or end-users seeking strong income potential in a prime location.
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