New York Multifamily for Sale - Penn Plaza/Garment

This is a RARE Investment OPPORTUNITY to own a fully occupied rental building. The building, which is well run, is in walking distance to the Hudson Yards, with all its amenities, shopping and restaurants. The building is nestled between many new buildings on 36th street and just around the corner from the long-established Glass Farmhouse Condo along with the Baryshnikov Arts Center on West 37th. The property is a 25 ft wide, 6 story fully occupied building that was built in 1900. It currently has 24 rental apartments. Each apartment is a studio and 2 of the ground floor units share outdoor space. Several units have been renovated; The basement is well maintained with all updated utilities. This could also be a great New Development opportunity. There is only one rent stabilized apartment and the remaining 23 apartments command fair market rent. Zoning permits the add on of more floors to the building. There is 6,639 ft of unused buildable area. The Zoning is: R8A Building sqft: 8,214 Lot dimensions: 25' x 98.75' Building dimensions: 25' x 51. Rent Roll, Income and Expenses available upon request.

Property Subtype:

Apartment

Date on Market:

2025-08-07

Staten Island Land for Sale

Zoned M1-1 this 100x 255 lot currently features a two-family home, this property offers endless possibilities for investors, builders, or end-users seeking space and flexibility. Whether you're looking to renovate the existing structure, generate rental income, or explore new development options, this rare oversized parcel provides the space and location to bring your vision to life. Variety of options available consult with architect.

Property Subtype:

Commercial

Date on Market:

2025-08-06

Brooklyn Multifamily for Sale - North Brooklyn

OPEN HOUSE: (Sundays) 12 – 1 PM Rare Corner Brick 8 Family with Garage in Prime Bushwick! This unique brick 4-story property is located on the corner of Knickerbocker Ave and Putnam Ave in Prime Bushwick. It is 0.5 miles to Halsey St L train station, Irving Square Park and only 1 block to B60 bus stop. It is surrounded by stores, supermarkets, coffee shops, restaurants, and much more. This pristine corner 4-story brick building offers a unique setup and is an ideal opportunity for an owner-user or savvy investor. It features: - All units are Rent Stabilized, except Unit 4L (Formerly Rent Controlled) - Two vacant apartments - Unit 1R (Rent Stabilized, Vacant): Ideal for owner occupancy. Located adjacent to the garage — potential to combine, expand, or create a duplex with roof deck access. Unlock private outdoor space or build your dream home studio. - Unit 4L (Formerly Rent Controlled, Vacant): Can be legally renovated for ~$65K–$75K and rented at market rate (~$3,200/mo). Adds $38,400/year to NOI, pushing total income to ~$141K. - Attached garage with curb cut – use as parking, private studio, or expand your live/work space. Use the curb cut for private parking or delivery access. The garage is leased until May 2027. - Projected break-even occupancy – with approx. $800K down, your monthly mortgage + taxes are offset by the rental income. Live for free while your tenants cover your mortgage. This kind of flexible, mixed-use residential setup is increasingly rare in Brooklyn — especially with vacancy, upside, and control already in place. Lot: 25 x 97.42 ft Bld: 25 x 65 ft Zoning: R6 FAR: 2.67; Max FAR: 2.43 Taxes: $24,656/Yr Don’t Miss this Opportunity! Call TODAY for a Full Set Up! Theo Eastwind 718-536-7787 Capri Jet Realty 718-388-2188 *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.days

Property Subtype:

Apartment

Date on Market:

2025-08-05

New York Retail for Sale - Times Square

Current Configuration: 4 Residential Units + 1 Retail Storefront Annual Gross Income: $465,000 2024 Property Taxes: Only $96,000 Lot Size: 20×100.42ft Building Footprint: 20×50ft (approx. 3,540SF, 3 stories) Development & Upside Potential Zoning: R8 (High-Density Residential) with C1-5 Commercial Overlay • Residential FAR up to 6.02 under R8 zoning – allows building ~6× the lot area (~12,000SF) • C1-5 overlay Commercial FAR of 2.0 within R8, equating to combined FAR equal to the higher of the two (6.02) Buildable Area: Over 12,000SF of potential space – ideal for expansion, redevelopment, or mixed-use conversion. Key Highlights • Turn-key income: Immediate cash flow with long-term tenants (+ retail), plus two vacant units for flexible use • Tax-efficient ownership: Annual tax burden only ~$96K, low compared to income • Transferrable development rights: Rare Manhattan plot with substantial upside under current zoning • Midtown core location: Minutes from Broadway, Times Square, transit, dining, and entertainment

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-08-02

Flushing Land for Sale - Northeast Queens

Part 1. Executive Summary A once-in-a-generation opportunity has emerged in the heart of Downtown Flushing: 136-25 41st Avenue – a premier development site with approved plans already in place. Measuring 50 ft x 89.83 ft x101.4 lot(4779sq. ft.), this property is zoned C4-3, making it one of the few remaining parcels in this rapidly evolving neighborhood with the potential to shape the skyline of Flushing. The approved architectural plans envision a vibrant mixed-use development, combining hotel rooms, residential condominium units, and commercial space. This unique combination positions the site to address three of Flushing’s most dynamic markets: hospitality, residential, and retail. This offering is far more than a parcel of land—it’s an invitation to become part of Flushing’s transformation into a global destination. The development potential, combined with its prime location steps from Main Street, SkyView Center, the 7 Train, and the LIRR, only one minute away ensures that this property will not only be profitable but also iconic. Part 2. Location Advantage Flushing: New York’s Rising Star Flushing has evolved from a local neighborhood into an international hub of commerce, culture, and community. Today, it stands as New York City’s third-largest commercial district, behind only Midtown Manhattan and Downtown Brooklyn, and is widely regarded as the epicenter of Asian business in America. This surge of growth has created insatiable demand for housing, hospitality, and commercial space. Transportation Hub The site is located just steps away from Main Street Station, the terminal for the 7 Train, which provides a direct connection to Grand Central Terminal and Times Square. The Long Island Rail Road (LIRR) is also within easy reach, linking Flushing to Long Island’s affluent communities and beyond. Multiple MTA bus lines converge here, making it one of the most accessible neighborhoods in New York City. Surrounding Amenities Within a short walk, the area offers SkyView Center, a major retail complex with brands like Target, Nike, and Uniqlo, as well as an array of banks, Chase TD bank, Citi bank, EastWest bank, Royal bank,supermarkets, restaurants, and entertainment venues. This high-density, high-traffic environment ensures that any development here will benefit from a constant flow of locals, tourists, and commuters. Cultural and Economic Powerhouse Flushing is more than a commercial hub—it’s a cultural landmark. Known for its vibrant culinary scene, diverse population, and deep-rooted community, Flushing attracts millions of visitors annually. With planned infrastructure improvements and ongoing private investment, the neighborhood is set to grow even further, making this site’s location even more valuable over time. Part 3. Property Overview Lot Size & Dimensions: The property measures 50 feet in width by 89.83 feet in depth, providing 4,778.7 square feet of buildable land. Zoning: Classified as C4-3, this zoning designation allows for a mix of commercial and residential uses, making it ideal for projects that combine retail, hospitality, and multifamily residential units. Approved Plans: The property comes with fully approved architectural plans, significantly shortening development timelines and reducing risk for buyers. The plans outline: 30 boutique hotel rooms 10 residential condominium units 3,000+ sq. ft. of prime ground-floor commercial space This pre-approved design reflects market demand and urban planning foresight, making it an immediately actionable investment. Development Potential: With its zoning and existing entitlements, the site is poised for a landmark project that meets the needs of Flushing’s booming population, growing tourism industry, and expanding commercial sector. Part 4. Market Analysis Hospitality Demand Flushing’s hotel market has experienced remarkable growth in the past decade. With JFK and LaGuardia airports nearby, a steady influx of tourists, business travelers, and visiting families drives consistent hotel occupancy rates. The approved 30-room boutique hotel taps into this demand, offering a unique lodging option in an area hungry for accommodations. Residential Market The residential demand in Flushing is extraordinary. Young professionals, families, and international investors are drawn to the neighborhood for its transportation access, cultural amenities, and strong schools. Residential condos in Flushing have seen steady appreciation in value, making the proposed 10-unit condominium component highly attractive for both end-users and investors. Retail and Commercial Space Flushing’s retail corridors are some of the busiest in New York City, with a blend of local businesses and global brands. The 3,000+ sq. ft. of planned commercial space on this site will attract premium tenants looking to secure a high-visibility location with heavy foot traffic. Part 5. Development Potential This site’s approved plans already set the stage for a dynamic mixed-use development, but the potential goes beyond the initial concept. The C4-3 zoning offers flexibility for: Flagship retail spaces that anchor the ground floor Hospitality partnerships with boutique or branded hotel operators Upscale condominiums targeting buyers seeking modern living in the heart of Queens Developers can also explore additional design optimizations or value engineering while staying within the approved framework. Part 6. Investment Highlights Rare Opportunity: Land of this quality and location rarely becomes available in Flushing. Approved Plans in Place: Skip years of entitlement delays and start building immediately. Triple-Market Appeal: Hospitality, residential, and retail all represented in the approved plan. Unmatched Location: Steps from transit, SkyView Center, and the Main Street commercial corridor. Strong Market Fundamentals: Rising demand and limited supply create exceptional upside potential.

Property Subtype:

Commercial

Date on Market:

2025-08-02

New York Multifamily for Sale - Upper East Side

BKREA has been retained on an exclusive basis to arrange for the sale of 11 East 78th Street (“The Property”), a 25’ wide, 6-story elevator building with approximately 11,750 gross square feet. The Property features 16 residential units, including a mix of 1 three bedroom apartment, 8 one-bedroom apartments, and 7 studio apartments. 81% of the units are Free Market with 3 rent stabilized units, offering a compelling opportunity to increase revenue as market rents continue to rise. Ideally situated on the north side of East 78th Street, between Fifth Avenue and Madison Avenue, super close to Central Park and The Metropolitan Museum of Art, making it an attractive location for residents. Ideal for a user buyer interested in occupying the three bedroom penthouse, which features its own washer-dryer and a private outdoor space.

Property Subtype:

Apartment

Date on Market:

2025-07-31

New York Multifamily for Sale - Upper West Side

Property Subtype:

Apartment

Date on Market:

2025-07-22

Brooklyn Multifamily for Sale - South Brooklyn

Prime investment opportunity in the heart of Bath Beach! Presenting 8678 Bay Parkway—a solid, four-story, 30-unit brick apartment building offering long-term upside and exceptional income potential. Built in 1915, this well-maintained pre-war walk-up encompasses approximately 30,960 square feet of residential space and sits on a 100' x 102' lot. The building features a mix of spacious 1- to 4-bedroom units, many with hardwood floors and classic layouts. Zoned R6, this property offers investors stability, immediate cash flow, and future value-add potential. Perfectly positioned near public transportation (Bay Parkway D train), Caesar's Bay Shopping Center, and major parks, tenants enjoy convenience and connectivity in a thriving neighborhood. Surrounded by a diverse community, restaurants, schools, and shopping options, this is a rare opportunity to acquire a turnkey asset in one of Brooklyn's most desirable locations. . Rent Roll and expense sbroken down in document section of MLS. Great for seasoned investor for 1031 exhange!!

Property Subtype:

Apartment

Date on Market:

2025-07-21

Hempstead Retail for Sale - Central Nassau

Prime Hempstead strip mall investment featuring two well-maintained commercial buildings totaling approximately 17,500 sq ft of retail space on a 0.95-acre corner lot (39,703 sq ft). The property offers 15 storefronts, currently occupied by 11 tenants—many with tenancies spanning over 20 years. With 50 dedicated customer parking spaces and a high-visibility location in the fast-growing town of Hempstead, surrounded by national retailers and heavy traffic, this asset delivers strong performance and stability. Generating $637,000 in annual net income at a 6.38% cap rate, it presents a rare opportunity for reliable cash flow and long-term upside.

Property Subtype:

Freestanding

Date on Market:

2025-07-17

Brooklyn Portfolio of properties for Sale - South Brooklyn

Seller Financing Available*

Property Subtype:

Mixed Types

Date on Market:

2025-07-11

New York Multifamily for Sale - Harlem/North Manhattan

Invest in a prime piece of Harlem real estate with this 1,540 SF retail condo located on the ground floor of the luxurious Harlem Horizon residential condominium building. This corner unit boasts wrap-around windows on both Frederick Douglass Blvd and 115th Street, providing excellent visibility and high foot traffic. The open layout includes two bathrooms, with one being ADA compliant. The location is in the heart of Harlem's "best corner" with prime exposure and surrounded by the neighborhood's rich history and upcoming developments. Enjoy proximity to some of the best restaurants in the area, multiple transportation options, and a quick walk to Central Park.

Property Subtype:

Apartment

Date on Market:

2025-07-11

New York Multifamily for Sale - Hudson Square

RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of the retail co-op located at 9 Jones Street, New York, NY (the "Property"). The retail co-op at 9 Jones Street, New York, NY 10014, is a prime 2,000-square-foot ground-floor commercial space with an additional 850-square-foot basement, offering a compelling investment opportunity in the heart of the West Village. Housed in a 7-story pre-war cooperative (built 1902, renovated 1983) with six residential units and one commercial unit, the space is leased to Foursome Restaurant under a 10-year agreement (July 1,2024-June 30, 2034) with a one-time 5-year renewal option, ensuring stable rental income. The tenant's $750,000+ investment in a high-quality build-out enhances the property's value and functionality. Located between West 4th and Bleecker Streets, the building benefits from high foot traffic, historic charm, and proximity to Washington Square Park, NYU, and major subway lines (A, C, E, B, D, F, M, 1). Zoned C1-5, this versatile retail space is an attractive asset for investors seeking a high-demand property in an affluent, vibrant neighborhood.

Property Subtype:

Apartment

Date on Market:

2025-07-11

New York Multifamily for Sale - Penn Plaza/Garment

JLL has been retained on an exclusive basis to arrange for the sale of 414 West 42nd Street, a 12-unit mixed-use property in the Midtown West neighborhood of Manhattan. The five-story, 9,680 GSF property contains 11 residential units, of which 6 are free market (55%) and 5 are rent stabilized (45%), on top of one ground floor retail unit. The ground floor retail space is occupied by Chez Josephine, a vibrant French-American restaurant that has been famously operating out of the same space since 1986. Ideally located along Theatre Row, it quickly became a popular destination for pre- and post-theater dining. Located in the heart of Midtown West, 414 West 42nd Street benefits immensely from its’ proximity to several major transportation options. Two blocks to the east is the Times Square-42nd Street Subway station, which services the A C E 1 2 3 B D F M N Q R W 7 subway lines that extend throughout Manhattan and the outer boroughs. The Port Authority Bus Terminal is positioned directly across the street, providing access to daily commuters throughout many areas outside of Manhattan. Ten minutes to the south is Penn Station, which contains several NYC subways as well as the NJ Transit and Long Island Railroad. In addition, car travel in this area is very convenient due to the nearby west side highway and the Lincoln Tunnel.

Property Subtype:

Apartment

Date on Market:

2025-07-07

Brooklyn Land for Sale - North Brooklyn

Introducing a Rare Brooklyn Development Opportunity: 546–552 E. New York Ave: Combined frontage of 91 ft x 90 ft Total Buildable SF: Approximately 24,570 square feet as of right & more with 15% City of Yes bonus Zoning: R6 (Wide Street – 3.0 F0AR) The properties are being offered at $144 per buildable square foot, and all three will be delivered fully vacant, providing a clean slate for development. Additionally, adjacent owners to both 537 and 546 E. New York Avenue have expressed willingness to sell, presenting a unique opportunity for assemblage and further expansion of the buildable footprint. Surveys and site access are available upon request. For developers seeking scale, flexibility, and location — this is an opportunity not to be missed.

Property Subtype:

Commercial

Date on Market:

2025-07-02

Elmhurst Industrial for Sale - Central Queens

Prime standalone commercial building located in the heart of Elmhurst, Queens, offering exceptional flexibility and development potential. The property sits on a 5,300 square foot lot with R4-1 zoning and a C1-2 commercial overlay. Architectural plans are available to expand the total buildable area to approximately 12,000 square feet, allowing for a mixed-use development including commercial, residential, and community facility space. The building can be expanded to three stories plus a basement/cellar. The second and third floors may be used for residential units or community facility purposes, while the first floor and basement—totaling approximately 6,500 square feet—may be used for commercial space (buyers must confirm all development potential with an architect). The existing structure offers approximately 3300 square feet, including about 2300 square foot warehouse with 15-foot ceilings and two oversized roll-up doors for convenient truck access, as well as approximately 1,000 square foot office/showroom. The property has been updated with a new HVAC system, new roof, upgraded electrical service, a newly installed sprinkler system, and a modernized office space featuring a glass partition wall and private bathroom. Located right next to the famous Georgia Diner restaurant on Queens Boulevard. With the excellent visibility, this site provides unparalleled access to major highways (I-495, I-278, I-678), multiple bus lines, E/M/R subway stations, and is within close proximity to both LaGuardia and JFK airports. Its central location, strong rental demand, and wide range of permitted uses make it a unique investment opportunity in one of Queens’ most active commercial corridors.

Property Subtype:

Warehouse

Date on Market:

2025-07-01

Oceanside Industrial for Sale - Southern Nassau

1+ Acre 5 Unit Development Site. 3 Br. House, Garage, 4 Greenhouses. This Could Be Your Next Development Site / Home For Your Business!!! Main 3 Br. House: 1,800 Sqft 6,000 Sqft. Greenhouse.

Property Subtype:

Food Processing

Date on Market:

2025-07-01

Lynbrook Land for Sale - Southern Nassau

APPROVED: 6 Condo Unit Project with Foundation in the Ground The foundation has been set, and this location is ready to proceed. 2 End Corner Units include a full basement with a utility room. The first floor features a garage, LR, DR, kitchen, and baths. The second floor features 2 large bedrooms with walk-in closets and 2 full bathrooms. 4 Middle Units: 2-bedroom, 2-bathroom units. 1st floor utility room in basement. Parking in front.

Property Subtype:

Residential

Date on Market:

2025-07-01

Bronx Multifamily for Sale

1281 Hoe Avenue | Crotona Park East, Bronx, NY 10459 Offering Price: $13,500,000 | Cap Rate: 6.08% | NOI: $820,434.60 New to Market: 1281 Hoe Avenue is a 9-story, Mixed-Use Elevator Building located in the Crotona Park East section of the Bronx. Built in 2022, the property comprises 46 total units (45 residential studios + 1 commercial unit) and totals 28,415 SF of Gross Building Area on a 5,000 SF lot. The residential units are part of the AIRS affordable housing program for seniors (62+), restricted at 80% AMI and benefit from a 35-year 421-a tax abatement. The property boasts a rent roll of $70,229.55/month with stabilized income and occupancy at 93.3% for residential only. The commercial space is rented for $8,240.00/ month. The commercial unit is leased NNN to Lauv & Kare Family Support. Amenities include a common laundry room, elevator, terraces, and modern building systems. This is a turn-key investment with a strong in-place return and significant long-term upside.

Property Subtype:

Apartment

Date on Market:

2025-07-01

Brooklyn Industrial for Sale - North Brooklyn

300 Kingsland Avenue — Prime Greenpoint Industrial Warehouse & Redevelopment Potential Key Highlights 16,119 SF single-story warehouse with 15’ ceiling heights Two large drive-in roll-up doors (one glass automatic, one metal) + additional side office entrances Approx. 1,000 SF built-out office space within the vacant 8,000 SF portion Power capacity: 400 amps (leased area) / 200 amps (vacant) 50% leased — 8,000 SF occupied by stable tenant at $27.90/SF thru Aug 2028 (no renewal option) Remaining 8,000 SF vacant and ready for owner-user or repositioning Excellent access to BQE, Williamsburg Bridge & Midtown Tunnel M1-2 zoning: may allow up to 32,238 SF commercial (2.0 FAR) and up to 77,371 SF for community facility use (subject to feasibility) Location Advantage Just off McGuinness Blvd, minutes to BQE, Williamsburg Bridge & Midtown Tunnel, with easy reach to Brooklyn, Queens, Manhattan, JFK & major shipping terminals. Surrounded by vibrant residential & creative communities, served by G subway line, bus routes & NYC Ferry. Ideal For Last-mile logistics & distribution hubs Light manufacturing & production Creative studios or maker spaces Future redevelopment with potential additional FAR (buyer to verify feasibility)

Property Subtype:

Warehouse

Date on Market:

2025-06-26

New York Multifamily for Sale - Chelsea

JLL has been retained on an exclusive basis to arrange for the sale of 239 West 20th Street (“The Property”), a ~26’ wide, six-story walk-up building located on the north side of West 20th Street between Seventh and Eighth Avenues in the Chelsea neighborhood of Manhattan. Comprised of approximately 8,898 gross sf, the apartments feature efficient layouts with a mix of ten (10) studios, twelve (12) one-bedrooms, one (1) one-bedroom duplex, and one (1) two-bedroom duplex with a garden. Of the 24 apartments 12 (50%) are currently rent stabilized with preferential rents, and 12 (50%) are rent stabilized. The rent stabilized preferential units are renting for an average of $2,259/month, a ~27% discount to the legal rent signaling potential for future rent growth. The remaining rent stabilized units are renting for an average of $2,687/ month. Furthermore, the Property will continue to receivetax exemption benefits under the J-51 program, which is not set to expire until 2031/32.

Property Subtype:

Apartment

Date on Market:

2025-06-24

New York Portfolio of properties for Sale - Upper East Side

JLL has been retained on an exclusive basis to arrange for the sale of 313 & 319 East 95th Street, two ~37’ wide, six-story walk-up buildings located on the north side of East 95th Street between First and Second Avenues in Manhattan’s Upper East Side. 313 East 95th Street comprises approximately 16,902 gross sf above grade with 28 residential units (1 studio, 9 one-bedrooms, and 18 two-bedrooms) and 2 commercial spaces. 319 East 95th Street also contains approximately 16,902 gross sf above grade featuring 30 residential units (5 studios, 10 one-bedrooms, 14 two-bedrooms, and 1 three-bedroom). Combined, the properties total 33,804 gross sf approximately with 58 residential apartments and 2 commercial units, with 74% of apartments (43 units) currently free market and the remaining 15 units rent stabilized. Both properties feature similar infrastructure with central heating systems distributing steam via cast iron radiators, tenant-provided window air conditioning units, and individually metered electricity.

Property Subtype:

Multi Family

Date on Market:

2025-06-24

Flushing Retail for Sale - Northeast Queens

This commercial and residential mixed-use property offers the perfect blend of business and living space in the heart of the vibrant Flushing neighborhood. The first floor is dedicated to a fully finished acupuncture office, ideal for a range of commercial endeavors, with a spacious basement that provides additional storage or workspace. This level is designed for optimal visibility, making it a prime location for any business looking to attract foot traffic. The location benefits from high visibility in a bustling shopping and office district, with a range of services and amenities in the immediate area. The upper two floors provide comfortable, modern residential living. The second floor features two spacious bedrooms with two full bathrooms, A rear balcony provides a serene outdoor space for relaxation. The third floor mirrors this layout with another two bedrooms, two full bathrooms, and a rear balcony. With its close proximity to Kissena Park, as well as easy access to public transportation, Perfectly suited for those seeking a versatile space in a thriving community.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-06-18

Brooklyn Multifamily for Sale - South Brooklyn

Introducing 5401 15th Avenue — a 25-foot wide legal three-family home situated on a quiet, tree-lined block in the heart of vibrant Borough Park. Currently configured as a two-family residence, this property features a fully operational elevator for effortless access between floors. The home is in well-maintained original condition and has been lovingly cared for by its previous owners—truly move-in ready. Additional highlights include a spacious attached 20-foot-wide two-car garage, topped with a porch that serves as a private outdoor oasis or backyard retreat. Full video walkthroughs and showings are available upon request.

Property Subtype:

Apartment

Date on Market:

2025-06-18

Flushing Retail for Sale - Northeast Queens

Prime Mixed-Use Investment in the Heart of Downtown Flushing A rare opportunity to acquire a fully leased (with the exception of the basement) mixed-use building in one of the most dynamic and fast-growing corridors of Flushing. This well-maintained property offers a strong, stable income stream today with significant upside for tomorrow. Basement: Vacant and ready for lease — an ideal space for a new tenant looking to capitalize on Flushing’s unmatched foot traffic. First Floor: Occupied by a popular, well-established dessert restaurant with strong brand recognition and reliable rental income. Second Floor: Leased to a long-term office tenant, providing consistent and dependable revenue. Third & Fourth Floors: Each features a spacious 3-bedroom, 2-bath residential unit, generating excellent rental income in a high-demand neighborhood. With a projected cap rate of approximately 6%, this property is low-maintenance, easy to manage, and perfectly suited for both seasoned investors and those seeking a stable, hands-off return. Positioned in a rapidly developing section of Downtown Flushing, this asset offers the perfect blend of current cash flow and future appreciation. Don’t miss your chance to secure a solid, income-producing property in one of Queens’ most vibrant commercial and residential hubs.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-06-18