Description
rime income-producing commercial condominium opportunity in the heart of Long Island City. Units S3 and S4 offer approximately 1,404 SF combined and are occupied by an established dental practice. The combined units generate $61,367.52 in annual rental income. Located within a high-density residential neighborhood surrounded by new condominium developments, strong population growth, and convenient access to the E, F, M, R, and 7 subway lines. The property benefits from a ICAP tax abatement, resulting in low carrying costs and attractive cash flow. Ideal for investors seeking stable medical-office tenancy and long-term appreciation potential in the LIC market.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
Description
rime income-producing commercial condominium opportunity in the heart of Long Island City. Units S3 and S4 offer approximately 1,404 SF combined and are occupied by an established dental practice. The combined units generate $61,367.52 in annual rental income. Located within a high-density residential neighborhood surrounded by new condominium developments, strong population growth, and convenient access to the E, F, M, R, and 7 subway lines. The property benefits from a ICAP tax abatement, resulting in low carrying costs and attractive cash flow. Ideal for investors seeking stable medical-office tenancy and long-term appreciation potential in the LIC market.
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