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Property Description
Newly Renovated Mixed-Use Building with Bonus Income!
Exceptional investment or perfect for an end user, this mixed-use property offers solid income potential and versatility. Features include a fully renovated exterior with brand new roof, stucco, and brick façade. The second floor includes two updated apartments: a 1-bedroom/1-bath and a 2-bedroom/1-bath unit. The ground level boasts a clean, open retail storefront—ideal for launching a new business—plus a fully finished basement with a full bath. Rear car garage adds value and convenience.
Bonus: Rooftop cell towers generate additional monthly income with an estimated lease value of over $500K (5% cap rate).
Don’t miss this rare opportunity to own a turn-key building with strong upside.
Features
- Heating System:
- Natural Gas
- Cooling System:
- Central Air
- Basement:
- Finished
- Parking Features:
- Garage
- Sewer:
- Public Sewer
- Utilities:
- Natural Gas Connected
Address Map
- City:
- NY
- State:
- NY
- County:
- Queens
- Directions:
- From Van Wyck Expy head west on 111th Ave to 126th St, Corner building.
Property and Construction
- Development Status:
- Stucco
- Agent MlsId:
- 218719
- Office MlsId:
- KWLG01
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $15,410
- Water Source:
- Public
- PhotosCount:
- 21
Commercial Sale For Sale
125-19 111th Ave, New York, NY
$1,550,000
Listing ID #866152
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Mixed Use
- Listing ID :
- 866152
- Price :
- $1,550,000
- Bathrooms Total :
- 0
- Building Area :
- 3,000 Sqft
- Status :
- Active
- Status :
- Active
- Listing Office :
- Keller Williams Legendary
- Listing Agent :
- Andre Narine
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
