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41-14 27th St - Nexus Lic 1,200 SF Flex Condo Unit Offered at $1,787,061 CAD in Long Island City, NY 11101
Investment Highlights
- Stunning outdoor patio
- Two fully functional ventless kitchen
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Lease Option |
| Cap Rate | 5.05% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.05% |
| Sale Conditions | Lease Option |
Description
Turn Key Bakery Cafe Setup in Chic Nexus Condo Building.
Stunning finishes with two kitchens and huge outdoor seating area.
All electric
~1000sf interior with ~1000sf outdoor patio + 200sf storage.
Can be delivered vacant for User/Investors.
20+ years remaining on ICAP tax abatement.
Lease to purchase option available.
Stunning finishes with two kitchens and huge outdoor seating area.
All electric
~1000sf interior with ~1000sf outdoor patio + 200sf storage.
Can be delivered vacant for User/Investors.
20+ years remaining on ICAP tax abatement.
Lease to purchase option available.
Sale Notes
Conveniently located next to the Queensboro Plaza Station, 1/2 block to the new ADA entrance, only 10 mins to Manhattan, Hotels, cultural, arts, entertainment, restaurants, new residential developments and waterfront offices. LIC is an economically diverse, 24/7, mixed-use community with excellent access to Manhattan and the Cornell Tech campus on Roosevelt Island that’s currently under construction. With its strong real estate market producing more than 10,000 new market rate apartments and over 1.5 million square feet of office space in recent years by Queens Plaza
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit B | 1,200 SF | Flex | $1,787,061 CAD ($1,489.22 CAD/SF) | $90,185.55 CAD |
Unit B
| Unit Size |
| 1,200 SF |
| Condo Use |
| Flex |
| Price |
| $1,787,061 CAD ($1,489.22 CAD/SF) |
| NOI |
| $90,185.55 CAD |
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Unit B
| Unit Size | 1,200 SF |
| Condo Use | Flex |
| Price | $1,787,061 CAD ($1,489.22 CAD/SF) |
| NOI | $90,185.55 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.05% |
| Sale Conditions | Lease Option |
| Description | |
| Turn Key Bakery Cafe Setup in Chic Nexus Condo Building.<br> Stunning finishes with two kitchens and huge outdoor seating area. <br> All electric<br> ~1000sf interior with ~1000sf outdoor patio + 200sf storage.<br> <br> Can be delivered vacant for User/Investors.<br> 20+ years remaining on ICAP tax abatement.<br> Lease to purchase option available.</li></ul> | |
| Sale Notes | |
| Conveniently located next to the Queensboro Plaza Station, 1/2 block to the new ADA entrance, only 10 mins to Manhattan, Hotels, cultural, arts, entertainment, restaurants, new residential developments and waterfront offices. LIC is an economically diverse, 24/7, mixed-use community with excellent access to Manhattan and the Cornell Tech campus on Roosevelt Island that’s currently under construction. With its strong real estate market producing more than 10,000 new market rate apartments and over 1.5 million square feet of office space in recent years by Queens Plaza</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 24,790 SF | Typical Floor Size | 2,754 SF |
| Property Type | Multifamily (Condo) | Year Built | 2021 |
| Property Subtype | Apartment | Lot Size | 0.12 AC |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 9 | ||
| Zoning | M1-5R7-3 - Retail Group 6 use | ||
| Total Building Size | 24,790 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 9 |
| Typical Floor Size | 2,754 SF |
| Year Built | 2021 |
| Lot Size | 0.12 AC |
| Opportunity Zone |
Yes |
| Zoning | M1-5R7-3 - Retail Group 6 use |
Amenities
Site Amenities
- Clubhouse
- Courtyard
- Elevator
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
| 2+2 | 16 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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41-14 27th St - Nexus Lic
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