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7007-7009 Grand Avenue 2 Retail Properties Offered at $3,200,000 in Maspeth, NY
Executive Summary
7007 Grand Avenue is a a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving mini market/grocery store, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand. With a gross opening income of $90,000, this property combines reliable cash flow with long-term appreciation potential. The mixed-use configuration provides a diversified income streams and an excellent hedge against marketing fluctuations. 7009 Grand Avenue is a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving mini market/grocery store, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand.
Property Facts
| Price | $3,200,000 | Number of Properties | 2 |
| Price / SF | $1,404 / SF | Individually For Sale | 2 |
| Cap Rate | 5% | Total Building Size | 2,280 SF |
| Sale Type | Investment | Total Land Area | 0.09 AC |
| Status | Active |
| Price | $3,200,000 |
| Price / SF | $1,404 / SF |
| Cap Rate | 5% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 2,280 SF |
| Total Land Area | 0.09 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7007 Grand Ave, Maspeth, NY 11378 | Retail | 1,140 SF | 1901 | $1,600,000 |
| 7009 Grand Ave, Maspeth, NY 11378 | Retail | 1,140 SF | 1901 | $1,600,000 |
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7007-7009 Grand Avenue
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