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6666 Grand Ave
Maspeth, NY 11378
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Cash flowing asset with 10-year term remaining
- Recent renovations completed throughout
- 20 minutes to midtown NYC
- Mixed-use building with medical on ground and residential above
- Direct access to major highway Long Island Expressway (I-495)
EXECUTIVE SUMMARY
66-66 Grand Avenue is a two-story mixed-use property with one commercial unit and 1 apartment, located in the Maspeth neighborhood of Queens.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,200 SF
Building Class
C
Year Built
1925
Price
$1,575,000
Price Per SF
$715.91
Cap Rate
7.03%
NOI
$110,746
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.09 AC
Zoning
R5B, R4-1, C1-2 - Commercial
Frontage
AMENITIES
- Corner Lot
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 02774-0047 | Improvements Assessment | $95,220 |
| Land Assessment | $111,150 | Total Assessment | $206,370 |
PROPERTY TAXES
Parcel Number
02774-0047
Land Assessment
$111,150
Improvements Assessment
$95,220
Total Assessment
$206,370
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