Prime mixed-use investment opportunity in a highly desirable Queens location just off Francis Lewis Blvd. This property offers strong potential for both investors & end users. The property features 2 residential units each with 3 beds, 1 bath, living room, dining room & kitchen. Both units are currently occupied by long term tenants with below market rents offering significant value add potential for future rental business. The ground floor is zoned for commercial use and the permit is the responsibility of the purchaser. While the space will require build out, it presents an excellent opportunity to customize for additional income potential in a high visibility, high traffic corridor. Ideal for investors seeking rental growth or an end user looking to establish a business while benefiting from residential income in an exceptional location.
| MLS # | 961147 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 130 |
| Listing Provided By | Coldwell Banker American Homes | Brandi Everett |
| SQ Feet | 2,779 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R3-2,C2 |
| Acreage | 0.06 |
| Cooling | Multi Units |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 81240 |
| Tax Annual Amount | 13125.76 |
| State | NY |
|---|---|
| County | Queens |
| City | Bayside |
| Zip Code | 11361 |
| Listing VS Median (in 11361) | |
Price: $1,775,000 low | high Med: $808,500 sqft: 2,779 low | high Med: 1,012 $ / sqft: $639 low | high Med: $834 On site: 130 low | high Med: 86.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Bayside |
| Zip Code | 11361 |
| Listing VS Median (in 11361) | |
Price: $1,775,000 low | high Med: $808,500 sqft: 2,779 low | high Med: 1,012 $ / sqft: $639 low | high Med: $834 On site: 130 low | high Med: 86.5 | |
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