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1501/1502 120Th/121St Street

College Point, NY 11356
  • $3,690,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 3348109
$3,690,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

School District:

Description

6% CAP! The subject property is a two-story office + warehouse use building, additional 1805 sqft attic can be storage or office use; additional 648 sqft ground level garage can be retail use. Across from Post Office. The subject property, include 2 land, built in 1931, consists of nine (9) office newly renovated, one (1) additional atti, one (1) additional garage, and nine (9) car on-site parking space on outside. There is approx. $220,000 in long-term preferential rent upside in the building. Additionally, the property is zoned R4A. 13,283 sqft area can be use. The original building plans are available upon request along with the property survey, rent registration records, and comparable sales data.

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-10-17T00:17:03.827.
www.frankschiavone.com/homes/121794941
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1501/1502 120Th/121St Street College Point, NY 11356

  • Price: $3,690,000
  • Status: Active
  • MLS #: 3348109
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1931
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
School District:
Queens 25
Property Description
6% CAP! The subject property is a two-story office + warehouse use building, additional 1805 sqft attic can be storage or office use; additional 648 sqft ground level garage can be retail use. Across from Post Office. The subject property, include 2 land, built in 1931, consists of nine (9) office newly renovated, one (1) additional atti, one (1) additional garage, and nine (9) car on-site parking space on outside. There is approx. $220,000 in long-term preferential rent upside in the building. Additionally, the property is zoned R4A. 13,283 sqft area can be use. The original building plans are available upon request along with the property survey, rent registration records, and comparable sales data.
Exterior Features

Building Size 6992 Business Parking Spaces 1

Interior Features

Ceiling Height -

Property Features

Business Type Other Gross Income 277810.00 Net Operating Income 221584.00 Operating Expense 56226.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block 4075 Zoning Description R4a

Listing courtesy of Frank Ko of E Realty International Corp.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-10-17T00:17:03.827.
 
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