Property Details

Overview

Mix-Use Building that consist of two (2) commercial units on the ground floor with basement, four (4) one-bedroom units on the second floor; four (4) one-bedroom units on the third floor and two (2) two-bedroom two bath units on the fourth floor. The property is located in one of the best retail corridors in Queens. Close to public transportation options offers an exceptional convenience for the tenants. This new construction building will be delivered with the benefit of a 421-a tax abatement for the residential portion of the building as well as a ICAP abatement for the commercial portion. Tenants are responsible for their own heating costs, which reduces the expenses to a minimum. It also has a coin-operated laundry and storage lockers on site. This is a prime opportunity with extra revenue streams and great tax benefits for Astoria NY Investment Property. Featured Commercial Sales.