29
See all 29 photos
$988,000
Est. payment /mo
Active
230-02 Conduit AVE Springfield Gardens, NY 11413
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
12/11/2024 07:14 AM
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.
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
Listed by All Island Estates Realty Corp
GET MORE INFORMATION