11601-116-03 14th Rd | College Point, NY 11356
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- LoopNet Team
11601-116-03 14th Rd
College Point, NY 11356
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corner building with private backyard and basement.
- The projected gross annual income exceeds $150,000, offering a potential cap rate of approximately 12%.
- Two(2) retail units and four(4) residential units.
- Tenants are responsible for their own electricity keeping operating expenses low.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,145 SF
Building Class
C
Year Built
1924
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.69
Lot Size
0.07 AC
Zoning
R4-1 - R4 districts allow all types of housing at a slightly higher density than permitted in R3-2 districts
Parking
2 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
50’ on 14th Rd
AMENITIES
- Bus Line
- Corner Lot
- Metro/Subway
PROPERTY TAXES
| Parcel Number | 04051-0001 | Improvements Assessment | $87,877 |
| Land Assessment | $30,244 | Total Assessment | $118,121 |
PROPERTY TAXES
Parcel Number
04051-0001
Land Assessment
$30,244
Improvements Assessment
$87,877
Total Assessment
$118,121
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