Mixed Use Property - Negotiable - 172-12 Linden Blvd 2,400 SF 100% Leased Retail Building Saint Albans, NY 11434 $1,295,000 ($539.58/SF)
INVESTMENT HIGHLIGHTS
- Location is Excellent - First Sale of the Property in multiple Years. Strategic Location
EXECUTIVE SUMMARY
This is a Prime Mixed Use Property located in the Historic District of Jamaica Queens referred to as Addisleigh Park. The ground floor is currently leased to a prominent government official and their are 2 other residential units on the second floor which are month to month tenants. The seller anticipates being able to deliver the residential units vacant. Rents are below market. Property is well maintained with new gas fired efficient furnace, hot water heater and electric panel. Shopping and MTA Bus service are literally within 500 feet of the Subject Property. Seller is motivated to make a deal. Call Richard at 516 -639 0021 for details. Call Richard Diller for Income and Expenses
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1931/2025
Price
$1,295,000
Price Per SF
$539.58
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.05 AC
Zoning
R5B - Area is in the process of possibly rezoned to R-7 allowing for greater FAR
Parking
2 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
189’ on Linden Boulevard
Walk Score®
Very Walkable (79)
Transit Score®
Excellent Transit (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12394-0095 | Improvements Assessment | $20,429 |
| Land Assessment | $5,923 | Total Assessment | $26,352 |
