This Max-use property comes with a 1st floor as a take-out Chinese restaurant + 2 family above, on Main Street, College Point. Lot size: 23x62, Building size: 23x48, Low Property Tax $9,524/year. Heating is separated into 3 boilers and 3 gas water heaters. 3 gas meters and 5 electric meters. Zoning: R5B, C1-3.
Ground floor: Take-out Chinese restaurant, paying $3,450/month plus 50% of property tax and 60% of water bills. Rent increases 3% every year; a 4-year lease remains.
2nd Floor layout as a 3-bedroom with 2 full bathrooms apartment. will be vacant before closing.
3rd Floor layout is a 3-bedroom with 1 full bathroom apartment, will be vacant before closing.
This is an excellent investment opportunity.Q25/Q65 direct to Main Street, Flushing.
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 3
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Aluminum Siding
- Heating System: Hot Water (Heating)
- Heating System: Natural Gas
- MLSID: 912568
- Rooms: Basement