3 Unit Mixed-Use Investment For Sale on Major Astoria Retail Corridor

34-16 30th Avenue

$3,500,000
3 Unit Mixed-Use Investment For Sale on Major Astoria Retail Corridor

For financials, please click this link to view the property setup (PDF)

Modern Spaces is pleased to announce that we have been exclusively retained to handle the disposition of 34-16 30th Avenue. The property is a 2,970 square foot, 3 unit mixed use building. The second floor unit is currently leased month to month and offers upside if leased at market rate. While most buildings on the block have substantially higher taxes, 34-16 30th Avenue has an annual tax of only $7,109, of which 50% is reimbursed by the retail tenant. The retail tenant also reimburses 50% of the water. 34-16 30th Avenue offers an excellent opportunity to investors looking for a high-visibility asset on a major retail corridor.

Status Active
Details
Price: $3,500,000
Type: Mixed-use
Commercial
Pet Policy: No Pets
ID: 216222
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