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7007-7009 Grand Avenue 2 Retail Properties Offered at $4,466,944 CAD in Maspeth, NY

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EXECUTIVE SUMMARY

7007 Grand Avenue is a a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving mini market/grocery store, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand. With a gross opening income of $90,000, this property combines reliable cash flow with long-term appreciation potential. The mixed-use configuration provides a diversified income streams and an excellent hedge against marketing fluctuations. 7009 Grand Avenue is a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving mini market/grocery store, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand.

PROPERTY FACTS

Price $4,466,944 CAD
Price / SF $1,959 CAD / SF
Cap Rate 5%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 2,280 SF
Total Land Area 0.09 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
7007 Grand Ave, Maspeth, NY 11378 Retail 1,140 SF 1901 $2,233,472 CAD
7009 Grand Ave, Maspeth, NY 11378 Retail 1,140 SF 1901 $2,233,472 CAD
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  • Listing ID: 34658139

  • Date on Market: 2025-01-30

  • Last Updated:

  • Address: 7007-7009 Grand Avenue, Maspeth, NY

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