Courtesy of: John C. Gandolfo, Coldwell Banker American Homes, johngandolfosells@gmail.com
Courtesy of: John C. Gandolfo, Coldwell Banker American Homes, johngandolfosells@gmail.com
$1,720,000
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Lot: 0.06 Acres
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Other
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$1,720,000
148-11 175th Street Prime Location! Across From Motor Vehicle Dept and JFK, 4, 620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic Detailing or Auto Body & Luncheonette on Ground Level with 6 Office upstairs both with 2 separate comon areas and 2 Kitchens and 2 Full baths. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an Elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300/$63, 600 until Sept Oct 2026 but would like to re-new. Luncheonette $2300/$27, 600 until Feb 2027. 2 Office net approximately $6, 000/$72, 000 Expenses: $10, 000 Taxes, $3000 Insurance Total Income $163, 200 NOI $150, 200 Cap Rate 8.73%Prime Location! Across From Motor Vehicle Dept and JFK, 4, 620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic or Auto Body & luncheonette on Ground Level with 2 Office upstairs. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300 until Sept Oct 2026. Luncheonette $2300 until Feb 2027 Expenses: $10, 000 Taxes, $3000 Insurance NOI $150, 020 Cap Rate 8.73%
Courtesy of: John C. Gandolfo, Coldwell Banker American Homes, johngandolfosells@gmail.com
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