23-08 44th Drive Long Island City NY, 11101
$3,250,000
ML# 3275608
Property Picture

Calling All Investors, Developers & End-Users!!! 6.64 Cap 4 Unit, 3, 630 Sqft. Building For Sale!!! The Property Is Situated On A 2, 242 Sqft. That’s Zoned C5-3 (High Bulk Commercial District) Commercial FAR: 15.0 (33, 630 Sqft. Buildable When 10, 000 Sqft. Lot Or Larger)!!! Note: All Commercial Uses Are Exempt From Parking Requirements The Building Features Amazing Zoning, Excellent Location, Great Signage, +++!!! The Building Can Be Delivered 100% Vacant If Need Be All Tenants Are Month-Month Income: 4 Br Apartment: $36k Ann. M-M 4 Br Apartment: $36k Ann. M-M 2nd Floor Office: $72k Ann. M-M 1st Floor Deli: $156k Ann. M-M Gross Income: $300, 000 Taxes: $38, 269 Insurance: $3, 300 Electric: $0 Gas: $0 Maintenance & Repairs: $250 Water: $0 Total Exp.: $41, 819 Net Operating Income (NOI): $258, 181 (6.64 Cap!!!)

    Presented by Richard Matt Shane
    Richard Matt Shane Licensed Associate Real Estate Broker 516-783-5600 (516) 279-8828 516-279-8828 516-783-6023 matthewshane8828@gmail.com