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Mixed Use(2Fam+Vacant Store)End User 3006 36th Ave 1,400 SF 100% Leased Retail Building Long Island City, NY 11106 $1,898,000 ($1,355.71/SF) 5.99% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent location
- Mixed Use, 2 Family Plus Store. GOOD INCOME GENERATING FOR END USER/INVESTOR
- Store with no lease, will be delivered vacant
- Busy area, Heavy foot Traffic and Car traffic
- Apartments are Renovated, Free market
- Next to Subway Station N and W, Very Convenient Location Close to All Minutes to Manhattan
EXECUTIVE SUMMARY
Excellent location of long island city, Income generating Mixed Use PropertY.
2 Family Plus Huge RetailStore.(1300sq ft )
Building size = 20x70 sq ft
1st floor= Store has No lease( Month to Month) Will be delivered Vacant, PROJECTED RENT $5500
2nd floor- Renovated 2Bedroom $2550 and 1Bedroom Apartment$2000
Very Convenient Location
Next to N and W trains. Close to All. Minutes to Manhattan.
2 Family Plus Huge RetailStore.(1300sq ft )
Building size = 20x70 sq ft
1st floor= Store has No lease( Month to Month) Will be delivered Vacant, PROJECTED RENT $5500
2nd floor- Renovated 2Bedroom $2550 and 1Bedroom Apartment$2000
Very Convenient Location
Next to N and W trains. Close to All. Minutes to Manhattan.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$7,340
|
$5.24
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,340
|
$5.24
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $7,340 |
| Annual Per SF | $5.24 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,340 |
| Annual Per SF | $5.24 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,400 SF
Building Class
C
Year Built/Renovated
1924/2023
Price
$1,898,000
Price Per SF
$1,355.71
Cap Rate
5.99%
NOI
$113,750
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R5 - R5 - Medium density district with a height limit of 40 feet
Frontage
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- LICfashion
- -
- 1,300 SF
- -
- TBD
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| LICfashion | - | 1,300 SF | - | TBD | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00599-0129 | Total Assessment | $41,062 (2025) |
| Land Assessment | $4,690 (2025) | Annual Taxes | $7,340 ($5.24/SF) |
| Improvements Assessment | $36,372 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
00599-0129
Land Assessment
$4,690 (2025)
Improvements Assessment
$36,372 (2025)
Total Assessment
$41,062 (2025)
Annual Taxes
$7,340 ($5.24/SF)
Tax Year
2023
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Presented by
Lot & Units Realty Inc
Mixed Use(2Fam+Vacant Store)End User | 3006 36th Ave
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