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More details for 28-10 Whitestone Expy, Flushing, NY - Industrial for Sale

College Point Logistics Center - 28-10 Whitestone Expy

Flushing, NY 11354

  • Parking Garage
  • Industrial for Sale
  • 245,337 SF
  • Air Conditioning
  • Security System
  • Smoke Detector

Flushing Industrial for Sale - Northeast Queens

Strategically located just moments from the Whitestone Bridge crossing, the College Point Logistics Center is optimally situated to facilitate servicing New York City and its surrounding counties with both ease and efficiency. In addition to offering New York City’s highest warehouse clear height available, this best-in-class new construction facility has been thoughtfully designed to satisfy the demands of a wide spectrum of users and offers ample structured interior parking for fleets, customers, and employees. Optimally situated at 28-10 Whitestone Expressway in Queens, this newly built 247,337-square-foot warehouse building consists of an 80,612-square-foot ground-level warehouse, a 5,069-square-foot enclosed ramp area, and a structured parking deck. The property is beneficially positioned over a 4-acre lot and features a spacious 68,159-square-foot surface parking lot. This building is efficiently equipped with 13 dock doors, three drive-in bays, cross docks, elevators, 4,000-amp power, and a sought-after 36-foot clear height. The property is fully sprinklered with an ESFR sprinkler system and a durable floor load at 800 pounds per square foot. 28-10 Whitestone Expressway is advantageously positioned at a signalized intersection with immediate access to the major Interstate 678 and State Route 25A/Northern Boulevard interchange. The property benefits from its proximity to numerous retailers and quick-service restaurants. Beneficially located within a 1-mile radius of the building comprises renowned businesses Target, The Home Depot, Stop & Shop, T. J. Maxx, McDonald’s, Wendy’s, HomeGoods, The UPS Store, Bob’s Discount Furniture, and more. Experience the exceptionally built-out and brilliantly established industrial warehouse facility centrally located by a plethora of conveniences. 28-10 Whitestone Expressway serves as an incredible place to bring an up-and-coming or reputable business and give it the opportunity to succeed in the dynamic Queens, New York.

Contact:

Cushman & Wakefield

Property Subtype:

Warehouse

Date on Market:

2025-11-10

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More details for 25-Condo Portfolio at 866 UNP – Office for Sale, New York, NY
  • Matterport 3D Tour

25-Condo Portfolio at 866 UNP

  • Parking Garage
  • Office for Sale
  • 152,539 SF
  • 25 Office Properties

New York Portfolio of properties for Sale - U.N. Plaza

866 United Nations Plaza (866 UNP) encompasses over 470,000 square feet of iconic commercial space on the corner of 48th Street and First Avenue, directly on the East River waterfront. Just steps away from the world-renowned United Nations Building, 866 UNP presents a premier investment opportunity comprising 26 commercial office condo units ranging in size from 712 to 33,769 rentable square feet (RSF). These units include stable, in-place long-term tenants, pre-built move-in-ready spaces, and stunning white box spaces ideal for an array of commercial uses. Since 1965, the property has been home to prestigious missions, consulates, non-governmental organizations (NGOs), highly respected legal firms, consultants, and countless businesses that serve the United Nations community. 866 UNP is an entirely reimagined building featuring a renovated entryway and travertine lobby with curated, large-scale digital art displays, along with new elevators, common corridors, and a variety of new amenity spaces, including breakout areas, lounges, and private phone booths. All units feature oversized windows, high ceilings, and tremendous natural light, with many units offering spectacular protected views of the United Nations Headquarters and East River. The building is managed by industry leader JLL and staffed with experienced, professionally trained property managers, engineers, security guards, porters, and cleaning crews, ensuring a worry-free investment.

Contact:

Newmark

Date on Market:

2025-01-16

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More details for 345 E 37th St, New York, NY - Office for Sale

Ability to buy remaining 25,000 RSF - 345 E 37th St

New York, NY 10016

  • Parking Garage
  • Office and Office/Medical for Sale
  • 2,423 - 8,138 SF
  • 4 Units Available
  • Air Conditioning
  • Wheelchair Accessible
  • Smoke Detector

New York Office for Sale - Murray Hill

The Corinthian at 345 E 37th Street presents fully built medical and office condos for sale and lease in the heart of Midtown East. A sophisticated lobby with immersive ceilings and marble-and-wood accents welcomes visitors. Building occupants enjoy a host of premium amenities, including 24-hour on-site security, a privately managed parking garage, a freight entrance and loading dock, and access to a full-service health club with a fitness center, a 56-foot lap pool, a yoga studio, a sauna, and a steam room. Available condo units feature oversized windows with southern exposure and upgraded finishes, and select suites feature private outdoor terraces. Units can be combined for larger footprints if desired. Situated at the base of an iconic 57-story residential tower, the property features accommodations to meet the needs of healthcare and business professionals. The Corinthian sits between First and Second Avenues along the Medical Mile corridor. Over a dozen hospitals, medical schools, research centers, and health-related not-for-profit institutions, such as multiple NYU Medical Center locations, Tisch Hospital, and Bellevue Hospital Center, are directly near the property. The Corinthian allows businesses to control occupancy costs while securing space in one of Manhattan's most dynamic healthcare hubs. Condo owners benefit from low common charges, competitive real estate taxes, and attractive financing options. Steps from the Queens Midtown Tunnel and Grand Central Terminal, the property provides unmatched convenience for commuting professionals and visiting clients alike.

Contact:

Newmark

Property Subtype:

Medical

Date on Market:

2025-08-05

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More details for 1039 Washington Ave, Bronx, NY - Multifamily for Sale

Bronx Commons - 1039 Washington Ave

Bronx, NY 10456

  • Parking Garage
  • Multifamily for Sale
  • $100,543,633 CAD
  • 158,000 SF
  • Air Conditioning
  • Bicycle Storage
  • Fitness Center
  • Controlled Access

Bronx Multifamily for Sale

1039 Washington Avenue presents a premier investment opportunity in the heart of the Morrisania residential neighborhood in the southwestern Bronx. This newly constructed 10-story mid-rise apartment building, with a Temporary Certificate of Occupancy (TCO) expected in January 2026, combines modern design, impressive amenities, and exceptional income potential. The development features 104 two-bedroom residential units, three passenger elevators, and 60 on-site parking spaces, complemented by solar panels and a 35-year tax abatement. Over 38,000 square feet of retail and community facility space is available on the ground and second floors, plus 6,000 square feet of commercial balconies, creating a total of 44,000 square feet of contiguous space for retail, office, and mixed-use tenants. Additional features include 10- to 12-foot finished ceilings, central air and heating, and full sprinkler coverage. 1039 Washington Avenue is just one block from Webster, Melrose, and Washington Avenues, drawing exposure to over 10,000 vehicles daily and benefiting from a vibrant local market of over 712,800 residents within a 2-mile radius. Nearby points of interest, like Yankee Stadium, Crotona Park, and multiple transit options, including the Metro-North Melrose stop and the 167th Street subway station, further enhance the property's appeal. Set within one of the Bronx's most dynamic and walkable neighborhoods, 1039 Washington Avenue presents a high-quality, income-generating asset with strong long-term growth potential.

Contact:

Platinum Management Group

Property Subtype:

Apartment

Date on Market:

2025-08-28

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More details for 55 Kennedy Dr, Hauppauge, NY - Flex for Sale
  • Matterport 3D Tour

55 Kennedy Dr

Hauppauge, NY 11788

  • Parking Garage
  • Flex for Sale
  • $37,187,371 CAD
  • 105,000 SF
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More details for 141 Waverly Ave, Patchogue, NY - Office for Sale

141 Waverly Ave

Patchogue, NY 11772

  • Parking Garage
  • Office for Sale
  • $853,925 CAD
  • 1,025 SF
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More details for 3 Main St, New Paltz, NY - Retail for Sale

3 Main St

New Paltz, NY 12561

  • Parking Garage
  • Retail for Sale
  • $4,131,241 CAD
  • 8,276 SF
  • Air Conditioning
  • Restaurant

New Paltz Retail for Sale

Welcome to one of the most iconic and high-traffic properties in the Hudson Valley—home to the legendary Clemson Bros Brewery (formerly the Gilded Otter). Positioned on a prominent 2.1-acre corner lot at Main Street and Huguenot Street, this is more than just real estate—it’s a launchpad for your next major business venture. Set against the breathtaking backdrop of the Shawangunk Mountains and just steps from the SUNY New Paltz campus, this property sits at the intersection of nature, community, tourism, and culture. Whether you’re an established restaurateur, brewer, distiller, or investor with vision—this is a one-of-a-kind opportunity to tap into the vibrant pulse of a growing destination town. The location couldn’t be more strategic: 90 minutes from NYC and Albany, directly off the NYS Thruway (Exit 18), and surrounded by a steady stream of foot traffic from students, hikers, bikers, and weekenders. Outdoor seating, a large parking lot, and a fully built-out, beautifully maintained brewery/restaurant make this turnkey for a hospitality group—or a creative entrepreneur ready to expand or reimagine the space. The Future Is Even Bigger: With zoning potential for a multi-use development—including apartments, retail, and even a two-story parking structure—this site offers developers a rare chance to shape the future of New Paltz. This is more than a property—it’s a lifestyle brand in one of the most dynamic small towns in New York. The energy here is magnetic. The growth is undeniable. The time is now.

Contact:

Stevens Real Estate @ eXp Realty

Property Subtype:

Restaurant

Date on Market:

2025-06-02

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More details for 791 Main St, Farmingdale, NY - Office for Sale

791 Main St

Farmingdale, NY 11735

  • Parking Garage
  • Office for Sale
  • $4,063,065 CAD
  • 6,000 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Controlled Access
  • Wheelchair Accessible

Farmingdale Office for Sale - Eastern Nassau

Calling All Investors, Developers & End-Users!!! 30,000 Sqft. Development Site With 5,500+ Sqft. Building & Huge Parking Lot & Outdoor Storage For Sale On Main Street!!! The Property Offers Frontage On Both Main Street & Staples Street!!! The Building Offers An Open Layout Option Where Non-Loadbearing Walls Can Be Taken Out To Create A Huge 5,000+ Sqft. Open Space Making This The Perfect Opportunity For Physical Therapists, Daycares, Clinics, Contractors, Chiropractors, CrossFit, Gyms, +++!!! The Property Was Previously Home To A Successful Restaurant!!! The Property Features Great Exposure, Excellent Signage, A Large Bullpen, Reception Area, Tons Of Natural Light, Multiple Offices, Waiting Room With Restrooms, Private Parking Lot, Kitchen, High 14’ Ceilings, 3 Large Bathrooms, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Farmingdale On Main Street Just Blocks From Route 109 & Route 110!!! The Property Offers Easy Access To The Southern State Pkwy. & Farmingdale Republic Airport!!! Neighbors Include Starbucks, Marriott Hotels, Walmart, The Home Depot, Public Storage, Extra Space Storage, Dunkin’, Wendy’s, Applebee’s Bar & Grill, Regal Cinemas, UA Cinemas, Panera Bread, Ralph’s Italian Ices, Chili’s, Chipotle, Exxon, +++!!! The Property Is Zoned For Outdoor Storage Of Both Registered & Unregistered Vehicles!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! None Of This Is To Be Considered Investment Advice. Always Do Your Own Due Diligence Prior To Making Any Decisions. Income: 5,589 Sqft. Building + Yard: $240,000 Ann. NNN  (Available) Gross Income:  $240,000 Ann. NNN Expenses: Taxes: $62,030.68 Ann.

Contact:

All Island Commercial

Property Subtype:

Loft/Creative Space

Date on Market:

2025-12-09

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More details for 136-20 Maple Ave, Flushing, NY - Specialty for Sale

NuSun Reital Space - 136-20 Maple Ave

Flushing, NY 11355

  • Parking Garage
  • Retail for Sale
  • $10,743,018 CAD
  • 4,030 SF
  • 1 Unit Available
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More details for 506 E Washington St, Syracuse, NY - Office for Sale

DOWNTOWN OFFICE INVESTMENT WITH PARKING - 506 E Washington St

Syracuse, NY 13202

  • Parking Garage
  • Office for Sale
  • $1,515,041 CAD
  • 8,300 SF
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More details for 6833 Amboy Rd, Staten Island, NY - Retail for Sale

Multi-Tenant Retail Asset For Sale - 6833 Amboy Rd

Staten Island, NY 10309

  • Parking Garage
  • Retail for Sale
  • $3,436,389 CAD
  • 4,650 SF
  • Air Conditioning

Staten Island Retail for Sale

6833 Amboy Road is a highly visible commercial property anchored by three established tenants: Baya Bar, Three Sons Printing, and NS2 Tint South. These operators bring steady traffic, strong neighborhood recognition, and predictable income — creating a reliable baseline for any investor stepping in. The site offers a clean, modernized building with updated façade elements, outdoor seating, polished asphalt, and a private parking lot that wraps the property. The photos speak for themselves: bright storefronts, a refreshed tint shop bay, heavy exposure along Amboy Road, and clear sightlines from multiple approaches. It’s the type of setup that supports both destination users and high-volume daily activity. Beyond existing stability, the property carries significant rental upside. One of the commercial units can be delivered vacant, opening the door for a market-rate re-tenanting, a stronger credit profile, or an owner-user who wants income from day one with room to grow. The oversized lot, expansive outdoor areas, and front-facing patio space allow concepts like outdoor dining, boutique retail, drive-thru, quick-serve, or expanded service uses. For developers and long-term planners, the parcel size, layout, and mixed surroundings make this a compelling future redevelopment opportunity. The aerial imagery highlights just how much land is in play — a rarity in this part of Staten Island. Whether repositioned, expanded, or rebuilt, the site has the physical footprint to support a higher and better use. A secure income asset today with clear levers for value creation tomorrow. Ideal for investors seeking cash flow, upside, or a strategic redevelopment play. NDA required for rent roll and financials.

Contact:

PreReal

Property Subtype:

Storefront

Date on Market:

2025-12-04

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More details for 1080 New York Ave, Huntington Station, NY - Multifamily for Sale

Northridge Square - 1080 New York Ave

Huntington Station, NY 11746

  • Parking Garage
  • Multifamily for Sale
  • $12,671,252 CAD
  • 24,500 SF
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More details for 1388 Richmond Ter, Staten Island, NY - Retail for Sale

Value-Add | Multi-Tenant | Below-Market Rent - 1388 Richmond Ter

Staten Island, NY 10310

  • Parking Garage
  • Retail for Sale
  • $4,125,044 CAD
  • 15,712 SF

Staten Island Retail for Sale

Introducing a rare North Shore commercial opportunity offering massive rental upside, diverse tenancy, and a flexible configuration suitable for both investors and owner-users. The property totals approximately 16,000 SF across four buildings, all currently occupied, with rents sitting significantly below market. Investors can enjoy stable in-place cash flow with substantial room for future rent growth, while owner-users can capitalize on the ability to occupy all or a portion of the site while benefiting from existing income. Property Overview The site is configured as four distinct commercial spaces: 5,000 SF Retail/Community Facility on Richmond Terrace High ceilings, excellent visibility, and prominent frontage. Currently home to a Community Center. 6,880 SF Music/Guitar Center A long-standing tenant with a deep history at the property. Two Separate Flex/Industrial Buildings Adjacent to the Parking Lot Both occupied by an established autobody operator with strong demand for this use in the area. Current rents across all units are well below market, creating immediate value-add potential for repositioning, restructuring leases, or bringing rents to market upon turnover. Location Summary The property sits on Staten Island’s rapidly developing North Shore, a corridor known for: Steady industrial and commercial demand Proximity to the Bayonne Bridge and Goethals Bridge Quick connectivity to the Verrazzano-Narrows Bridge and Brooklyn Access to major transportation routes, container terminals, and distribution hubs This location continues to outperform due to limited supply, long-standing user demand, and the ongoing revitalization across the North Shore waterfront.

Contact:

PreReal

Property Subtype:

Freestanding

Date on Market:

2025-12-02

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More details for 4520 Military Rd, Niagara Falls, NY - Office for Sale

4520 Military Rd

Niagara Falls, NY 14305

  • Parking Garage
  • Office for Sale
  • $2,065,827 CAD
  • 7,031 SF
  • Air Conditioning

Niagara Falls Office for Sale - Outlying Niagara County

Take a look at this impressive commercial property built in 2006 on the busy Military Road with lots of visibility. Such a great location, just one mile away from the 190 and 10 minutes away from the Canadian Border and the Niagara Falls airport. No expense was spared on this newly renovated property! It’s currently set up a beautiful daycare center that is move in ready and needs nothing! This facility was approved to hold over 80 kids 5 days a week and also about 60 plus kids for latch key(before and after school) with high income potential, this could be paid off fairly quickly. Other businesses would also work well here as it’s ADA compliant, they include a Senior Center, Medical office or other institution etc. This well built building would be very costly to duplicate today! Features include a grass backyard, large new concrete pad with a concrete walkway enclosed by a new wood heavy duty fence. Walk inside the automatic doors to the newly remodeled reception area. Through the building you will find various size rooms and many bathrooms all updated. There are 10 foot ceilings throughout and no low bearing walls(free span) Large kitchen all with commercial grade new appliances and an ansul system. Full laundry room with split unit. 3 phase power. Commercial grade newer hot water tank. Some other improvements include electric, new vinyl flooring, LED lighting, plumbing, emergency doors and much more! All furniture and toys negotiable if property is purchased for a daycare use. The house located next door also can be purchased for more space whether you want to rent/live in or demolish to put in a huge parking lot. There are endless income possibilities here!

Contact:

Hunt Commercial Real Estate

Date on Market:

2025-12-02

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More details for 151 Greenwich Ave, Goshen, NY - Retail for Sale

151 Greenwich Ave

Goshen, NY 10924

  • Parking Garage
  • Retail for Sale
  • $3,718,737 CAD
  • 9,300 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Restaurant

Goshen Retail for Sale - Middletown

Seize a prime triple-net (NNN) investment in a high-visibility, two-building retail complex situated at the main entrance of the historic Village of Goshen. This property combines stable, in-place cash flow with significant value-add potential. Strategically positioned on the main thoroughfare into the historic Village of Goshen, ensuring high visibility and consistent traffic. Building #1 (Beverage Plus): Approx. 7,300 sq ft established retail beverage center. Secure 10-year NNN lease, currently in its second year, with 3% annual increases until May 31, 2034. Current annual rent is $7210/month, providing reliable income. Building #2 (Former Orange County Bagel): Approx. 1,836 sq ft, previously a successful retail food location. Currently vacant, but subject to a 5-year NNN lease extension, with 3% annual increases until January 4, 2030. Offers a strong value-add component for a new tenant or a turnkey space for a buyer-user. Current annual rent is $2831/month. Tenants are responsible for all operational expenses (Beer World 75%, OC Bagel 25%), with the landlord only responsible for the structure and roofs. Features a paved parking lot, municipal water and sewer, and natural gas service. This is an ideal opportunity for both passive investors seeking consistent, low-management income and active investors looking to enhance value by placing a new tenant in the vacant space. It also represents a compelling proposition for an owner-user who can occupy the front building while benefiting from the income generated by the rear tenant. Lease details are available upon request for qualified buyers.

Contact:

KW Commercial

Date on Market:

2025-12-02

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More details for 27-29 Hillside Ave, Williston Park, NY - Retail for Sale

27-29 Hillside Ave

Williston Park, NY 11596

  • Parking Garage
  • Retail for Sale
  • $3,030,081 CAD
  • 7,100 SF
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More details for 868 Post Ave, Staten Island, NY - Retail for Sale

Mixed-use Building / $2,499,999 / 6.5 cap - 868 Post Ave

Staten Island, NY 10310

  • Parking Garage
  • Retail for Sale
  • $3,443,274 CAD
  • 5,160 SF
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More details for 3949 Austin Blvd, Island Park, NY - Industrial for Sale

3949 Austin Blvd

Island Park, NY 11558

  • Parking Garage
  • Industrial for Sale
  • $14,985,133 CAD
  • 71,748 SF
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More details for 252 Skillman Ave, Brooklyn, NY - Multifamily for Sale

252 Skillman Avenue - 252 Skillman Ave

Brooklyn, NY 11211

  • Parking Garage
  • Multifamily for Sale
  • $4,476,258 CAD
  • 2,100 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Brooklyn Multifamily for Sale - North Brooklyn

Marcus & Millichap is pleased to present 252 Skillman Avenue, a rare boutique free-market townhouse opportunity tucked into one of Williamsburg’s most charming residential corridors. Perfectly positioned between Woodpoint Road and Kingsland Avenue, the Property offers both stability and possibility—a blank canvas for end-users, investors, or those seeking to craft a bespoke residence in one of Brooklyn’s most coveted neighborhoods. Built 20’ x 35’ on a 28’ wide lot, the building spans approximately 2,100 SF across three full-floor two-bedroom apartments, all delivered completely vacant, allowing an incoming owner unparalleled flexibility. With R6A zoning and 3,810 SF of additional unused air rights, the Property presents multiple pathways for tailored value creation. For the end-user, 252 Skillman offers the extraordinary opportunity to convert the structure into a custom single-family townhouse, a grand owner’s duplex with an income-producing rental, or a multi-level modern home expanded upward through a vertical addition. The existing layouts—with full-floor proportions, generous front-to-back light, and clean configurations—lend themselves naturally to townhouse living, creative reimagination, or upscale contemporary design. Investors may choose to maintain the Property as a boutique multifamily, benefiting from immediate lease-up potential in one of the strongest rental submarkets in New York City. Market rents of roughly $4,000 per unit deliver steady cash flow with minimal operational intensity thanks to the building’s Class 1 tax status and extremely low annual taxes of just $5,051—a significant long-term advantage over larger multifamily assets. The Property also provides rare convenience with direct access to the adjacent parking lot, an amenity seldom available in this part of Williamsburg and highly valuable for both residents and future townhouse occupants. Whether envisioned as a refined private home, a long-term hold with substantial rental upside, or a boutique expansion project, 252 Skillman Avenue offers a level of optionality uncommon at this scale. Surrounded by acclaimed restaurants, neighborhood boutiques, artisanal cafés, creative studios, and the magnetic energy of McCarren Park, the Property sits at the center of Williamsburg’s lifestyle ecosystem. Exceptional proximity to the L train, Citi Bike, multiple bus lines, and direct connectors to Greenpoint, Bushwick, and Manhattan ensures seamless mobility for both residents and future end-user occupants. 252 Skillman Avenue represents a rare combination of approachable scale, stable economics, and end-user potential—an opportunity to craft a custom residence, establish a live-plus-income footprint, or build upward into additional square footage in one of Brooklyn’s most in-demand neighborhoods. • Prime Williamsburg Free-Market Townhome or Multifamily Opportunity • 2,100 SF Existing + 3,810 SF of Additional Development Rights (R6A | FAR 3.0) • Delivered 100% Vacant – Immediate lease-up or seamless conversion • Ideal Townhome Creation – Perfect for single-family, duplex + rental, or expanded luxury residence • Boutique Scale: Three full-floor 2BR layouts with strong natural light • Ultra-Low Taxes: $5,051 annually | Protected Tax Class 1 • Access to Adjacent Parking Lot – Rare amenity for end-users • Strong Rental Upside: Market rents approx. $4,000 per unit • Located near premier Williamsburg dining, retail, McCarren Park, and L train

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-11-25

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More details for 204 High St, Buffalo, NY - Multifamily for Sale

Meidenbauer House - 204 High St

Buffalo, NY 14204

  • Parking Garage
  • Multifamily for Sale
  • $2,203,696 CAD
  • 6,685 SF
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More details for 113-119 Jericho Tpke, Floral Park, NY - Retail for Sale

113-119 Jericho Tpke

Floral Park, NY 11001

  • Parking Garage
  • Retail for Sale
  • $4,269,661 CAD
  • 5,000 SF

Floral Park Retail for Sale - Western Nassau

This mixed-use property features two commercial units and two residential units, with the adjacent buildable lot offering a rare opportunity to develop multi-family residences, generating substantial additional income streams. Modern condos in high-demand areas appeal to both long-term tenants and short-term rental markets, providing strong and diversified returns for savvy investors. The landlord provides all rent roll information and is subject to verification. Buyer to perform their own due diligence to confirm accuracy. Commercial Units: 119 Jericho Turnpike: 1,200 sq. ft. + full basement, currently rented for a Hair & Beauty Salon – $3,900/month 113 Jericho Turnpike: 1,200 sq. ft. + full basement, presently rented for a Massage Therapy Spa – $3,300/month Residential Units: 115 Jericho Turnpike: Two-bedroom apartments, $1,850/month per unit 117 Jericho Turnpike: Two-bedroom apartments, $1,950/month per unit All units are fully occupied, providing immediate cash flow, but the property could be delivered vacant or fully occupied, offering flexibility for a new owner. There are no active leases, but the commercial tenants are willing to commit to 10-year leases, providing long-term stability if desired. Tenants pay 70% of real estate taxes, and all units are currently below-market rent, offering strong value-add potential. The property includes an adjacent parking lot with space for over 10 vehicles and is located in a solid neighborhood. Financials Owner Expenses (Actual Property Tax Responsibility): Property Taxes (owner portion, 30% of $32,000) = $9,600/year Insurance = $1,500/year Vestibule/Common Electricity = $1,200/year Total Expenses: $12,300/year Current Rent Roll: $132,000/year Current NOI: $119,700/year Pro Forma Rent Roll: Commercial Units: 2 × $4,500/month = $108,000/year Residential Units: 2 × $4,000/month = $96,000/year Total Pro Forma Rent Roll: $204,000/year Pro Forma NOI: $191,700/year Sales Price: $3,100,000 Current Cap Rate: 4% Pro Forma Cap Rate: 6.85%

Contact:

Kingsland Properties

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-20

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