42-20 34th Avenue
Addisleigh Park,
NY
11101
- Commercial
- NEW
- Year Built 1920
- Mixed Use
- ML# 821113
Property Details
Overview
Great Opportunity for an investor .. Corner property in a hight desirable Opportunity Zone in the heart of a major redevelopment area. 2 Large, Whole -floor residential units are without a lease and have potential for 100%+ rent increase. Building is violation-free and all up to code.Roof and skylight/hutch/coping all done in 2023. All utilities (gas heat) less than 8 years old. 2 market-rate residential units have no lease/can be delivered vacant (currently paying 50% below market). As-is can rent for $3, 000, fully renovated can rent for $3, 500 each.Store has lease in place until 2033 with rent at $3300 in 2025 and incremental increases until 2033.
Key Facts
- •Taxes: $7,192
- •Sale or Rent: Sale
- •Construction Materials: Brick
- •Stories: 3
- •Heat: Natural Gas
- •A/C: Wall/Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Americana Realty Group LLC
516-502-0550
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