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5250 Van Dam St
Long Island City, NY 11101
Restaurant/Retail Property For Sale · Retail Property For Sale
Investment Highlights
- For INVESTORS - a 7% Cap Rate return on an income-generating property
- For DEVELOPERS - total buildable square footage = 9,210 SF
- Signalized heavily-trafficked corner
- For RESTAURATEURS – a proven location (over a decade in business as the Van Dam Deli) with professional-grade kitchen and fixtures in place
- Proven track record as restaurant location - adjacent to a hotel, Silvercup Studios East, and other large facilities
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,320 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.09 AC
Zoning
M1-3 - Light industrial with offices, hotels, and most retail uses permitted
Frontage
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 00302-0004 | Improvements Assessment | $81,180 |
| Land Assessment | $63,000 | Total Assessment | $144,180 |
Property Taxes
Parcel Number
00302-0004
Land Assessment
$63,000
Improvements Assessment
$81,180
Total Assessment
$144,180
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