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Investment Highlights

  • New construction with minimal immediate capital expenditure
  • Tax abatement enhances net operating income and yield
  • Positioned in a growing corridor with strong long-term appreciation potential
  • Mixed-income stream: retail + residential diversification
  • Suitable for investors, 1031 exchange buyers, or owner-users

Executive Summary

Prime mixed-use investment opportunity featuring a newly constructed building with strong income potential and long-term upside. The property combines a highly visible retail component with full residential occupancy potential, making it ideal for both investors and end-users seeking stable cash flow in a high-demand market. All five buildings are being offered for sale on an individual basis. Each property can be purchased separately.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,400 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$2,706,858 CAD
Price Per SF
$615.20 CAD
Percent Leased
100%
Building Height
4 Stories
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Met Foodmarkets
Santander
Chase
Webster Bank
Key Food
New York Sports Clubs
Citi
Capital One

Property Taxes

Property Taxes

Parcel Number
04517-0019
Land Assessment
$12,878 CAD
Improvements Assessment
$30,809 CAD
Total Assessment
$43,687 CAD
  • Listing ID: 40248363

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 15026 12th Ave, Whitestone, NY 11357

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