7007 Grand AVE Active Save Request In-Person Tour Request Virtual Tour
Maspeth,NY 11378
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $683
MLS Listing ID 487845
Year Built 1901
Property Sub-Type Mixed Use
Property Description
Prime Investment Opportunity – Can be combined with 7009 Grand Ave
Discover a lucrative investment a 2-story mixed-use building perfectly situated in a high-traffic location. This property features:
* Ground Floor: Fully leased to a thriving mini market/grocery store, providing stable income from a NNN tenant.
* Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand.
With a Gross Operating Income of $90,000, this property combines reliable cash flow with long-term appreciation potential. The mixed-use configuration provides a diversified income streams and an excellent hedge against market fluctuations.
Don't miss this chance to own a turnkey property in a sought-after location. Perfect for seasoned investors or those looking to grow their portfolio.
Location
State NY
County Queens
Area Maspeth
Zoning R6B, C1-2
Rooms
Basement Cellar
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Asphalt/Tar
Building
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange