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- LoopNet Team
7808 51st Ave
Elmhurst, NY 11373
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 159 Feet Frontage
- Not too many mechanic shops left on the market.
- Tremendous exposure
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Courtyard
- Fenced Lot
ABOUT 7808 51ST AVE , ELMHURST, NY 11373
FOR SALE: Commercial/Industrial Building in an Excellent Elmhurst Location. Description: A Unique Mixed Used Auto Repair Shop with a 2nd floor apt and 10 car parking 78-08 thru 78-14 51st Ave (1block South off Queens Blvd. Corner Gorsline Street) FEATURING 159 FEET FRONTAGE ON 51ST AVE. DRONE VIDEO: https://youtu.be/8n441kZeIZ4 Description: 2 story 4,150 SF Auto Repair Shop w/a tire shop and 2nd floor apartment. The property is situated on a 5,735 corner lot, with over 230 feet linear frontage on 51st Ave and Gorsline St. The property is only 4 blocks from a subway and 6 blocks from the Queens Center Mall. Manhattan is 15 minutes away via Queens Blvd or the Long Island Expressway. This Building makes a GREAT ”User/Landlord investment” FOR SALE: $1,899,000 Real Estate Tax: $26,854 (2019-2020) Current Rent: $84,000 per year. Plus 50% real estate taxes are paid by tenant. Market Rent: $120,000 per year (between commercial space and 1,000 SF apartment. Lease Expires: December 2019 Please DO NOT BOTHER tenants without Appointment. We will schedule one at your convenience.
PROPERTY TAXES
| Parcel Number | 02470-0005 | Improvements Assessment | $185,670 |
| Land Assessment | $67,050 | Total Assessment | $252,720 |
PROPERTY TAXES
