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The Little Pepper LLC 18-24 College Point Blvd 3,500 SF 100% Leased Retail Building Flushing, NY 11356 $1,899,000 ($542.57/SF)
INVESTMENT HIGHLIGHTS
- Very busy area, heavy foot traffic.
- Restaurant was featured in The New York Times.
EXECUTIVE SUMMARY
Prime mixed-use property featuring a commercial storefront restaurant and an upstairs residential apartment, ideally located in an R5B/C1-3 zoned area. The 2,000 sq. ft. lot includes a spacious 2,700 sq. ft. interior. The first floor boasts a 20x70 restaurant which was featured in "The New York Times" newspaper. 2,700 sq. ft. basement for additional storage or operations. Upstairs, a charming 2-bedroom, 1-bathroom apartment includes a comfortable living room and kitchen, perfect for live-in owners or rental income. Conveniently situated near shops, restaurants, parks, and schools, with easy access to Q20A and Q65 bus lines, this property offers great potential for investment or business use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1928
Price
$1,899,000
Price Per SF
$542.57
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.08
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
R5B - R5B Zoning in NYC is a low-density contextual residential zoning district. In R5B you can build any residential building including multifamily.
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $254,790 | |
| Land Assessment | $146,250 | Total Assessment | $401,040 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$146,250
Improvements Assessment
$254,790
Total Assessment
$401,040
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Presented by
Jamie Realty Group
The Little Pepper LLC | 18-24 College Point Blvd
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