Farmers Blvd Mix Use Package 3 Retail Properties Offered at $3,850,000 in Saint Albans, NY

Outstanding opportunity to acquire three mixed-use buildings as a package or individualy located along the vibrant Farmers Boulevard corridor in Saint Albans, Queens. Each property features a commercial storefront on the ground level with residential apartments above, offering a balanced mix of retail and residential income streams. Together, these assets deliver strong cash flow, stable tenancy, and attractive long-term upside in a rapidly improving neighborhood.
Combined, the properties generate an estimated gross annual income of $293,256, with modest operating expenses of approximately $23,300 per year, resulting in a net income of about $270,000 annually. Each building is individually metered and well maintained, making this a low-maintenance portfolio ideal for investors seeking dependable returns and diversified tenant exposure.