72-52 Metropolitan Avenue, Middle Village, NY 11379

2 Photos
 
$2,500,000 List Price
Off Market
 
Listing ID 10941533
Property Type Commercial Building
County Queens
Township Queens
Neighborhood Middle Village
FEMA Flood Map fema.gov/portal
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Commercial Building for Sale in Busy Area

Great business opportunity! Commercial building for sale in a busy Queens area. COLLECT $210,120 INCOME PROPERTY THAT IS 13,200 SQ.FT. TENANT PAYS LARGE PART OF YOUR EXPENSES. $170,120 NET TENANT WITH ON TIME RENT PAYMENTS'BOARD OF ED' WILLING TO SIGN ANOTHER 20 YEAR LEASE IN 2022. Rent -MARKET VALUE IN 1 YEARS IS $20,000 MONTHLY OR $240,000 YEARLY. Currently for 2020 the Income is $210,162.00 Total Expenses $83,160.00 TENANT WITH ON TIME RENT PAYMENTS FOR OVER 18 YEARS NOW! TENANT MAINTAINS SIDEWALKS AND SHOVELS THE SNOW. NO RENT CONTROL AND A GREAT 1031 EXCHANGE. AREA-TRIPLE AAA LOCATION BETTER THAN BUYING A 3 FAMILY IN ASTORIA FOR OVER $3 MILLION DOLLARS WITH MUCH LESS INCOME. NUMBERS MAKE SENSE. AND THROUGH A BROKER A BARE MINIMUM COMMISSION MAKES THIS A GREAT INVESTMENT OPPORTUNITY. ADDRESS:72-52 METROPOLITAN AVENUE 6,700 SQ.FT. 1ST FLOOR AND 6,500 SQ.FT. FINISHED BASEMENT WITH ELEVATOR. THIS IS A COMMERCIAL CONDO ONLY BUILT IN THE 1980'S. WHEELCHAIR ACCESSABLE / ELEVATOR/ PALY AREA +6 PARKING SPOTS. NO RENT CONTROL! NO HEADACHES, LESS EXPENSES, JUST SIT BACK AND COLLECT. VERY GOOD INCOME. NUMBERS MAKE SENSE. TRIPLE AAA LOCATION Reduced settling Estate Perfect investment property TripleAAA tenant Board of Ed Tenant for 18 years with in time rent payments. Peace of mind They help pay huge part of taxes. LAST OFFER $2.2 MILLION REFUSED, COUNTER OFFER WAS $2.6 MILLION SEND YOURS IN TODAY. (SOMEWHERE IN BETWEEN WITH STRONG DOWN PAYMENT OR 1031 EXCHANGE SHOULD DO IT Listed on NYS MLS # 10941533 Serious offers considered
Property Details
  • Available 9/29/2020
Previously Listed By
James Turano, Inc.
Office: 347-837-9206
Nancy Battino, Licensed Salesperson
SKYLINE RESIDENTIAL & COMMERCIAL INC
Office: 718-635-2108
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