224-40 Braddock Avenue, Queens Village, New York 11428 (MLS# 3445426)
Commercial Sale listing in Queens County
Listing ID3445426
Sold For$905,000
StatusClosed
Sold Date6/20/2023
Acres
0.040
CountyQueens
Year Built1930
Property TypeCommercial Sale
Property Sub TypeMixed Use
What a great investment opportunity! Potential rental income of $70,000+ with very low operating expenses. Low Taxes of $5,762. The building consists of a commercial storefront of approximately 1,200 square feet. There is also a very large unfinished basement with entrances on both sides of the building. Additionally there are 3 one bedroom apartments each newly renovated with it's own electrical meter. There are 4 heating zones and 4 gas meters.
County
Queens
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1930
Business Type
Mixed
Current Use
Mixed Use, Office, Residential
Mls Status
U
Moved From
Queens
Area Units
Square Feet
Building Size
19x87
Heating
Natural Gas, Hot Water
Office Percent Of Building
40
Square Footage
3306.00
Square Footage Source
Municipality
Directions
www.googlemaps.com
MLS Area Minor
15
Township
Queens
Zoning Description
R4
Flood Zone Report
no
Lot Size Area
0.04
Lot Size Dimensions
19x87
Lot Size Source
Other
Lot Size Square Feet
1653
Lot Size Units
Acres
Number Of Units Total
4
Overhead Door
70
Sewer
Sewer
State Or Province
NY
Contract Price
905000.00
Gross Income
80000
High Price Dollars
999888
Modifications Exclusions
None
Net Operating Income
70000
Operating Expense
10000
Potential Rental Income
yes
Tax Annual Amount
5726
Tax Block
10758
Tax Lot
16
Vacancy Allowance Rate
80
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