230-02 Conduit AVE Active

Springfield Gardens,NY 11413

$ 988000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY802378

Originating Board onekey2

Rental Info No

Year Built 1933

Annual Tax Amount $17,580

Property Description

Calling All Investors, Developers & End-Users!!! 1,800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1,800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America.
Income:


Deli (1,800 Sqft. + 1,800 Sqft. LL): $52,800 Ann.; Lease Exp.: 11/1/2029.


Verizon Tower: $24,000 Ann.; Lease Exp.: 2053.


2 Parking Spaces (Landscaper): $6,000 Ann. M-M.


Gross Income: $82,800 Ann.


Expenses:


Gas: $0


Electric: $0


Water & Sewer: $700 Ann.


Maintenance & Repairs: $250 Ann.


Insurance: $2,803 Ann.


Taxes: $17,579.76 Ann.


Total Expenses: $21.332.76 Ann.


Net Operating Income (NOI): $61,467.24 Ann.

Location

State NY

County Queens

Rooms

Basement Common

Interior

Heating Electric

Cooling Individual Units

Fireplace No

Exterior

Utilities Available See Remarks

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Special Listing Condition None

View More
Favorite Go Tour