$1,600,000
Est. payment /mo
2,340 SqFt
Price Dropped by $250K
7007 Grand AVE Maspeth, NY 11378
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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.
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
Listed by eXp Realty BKNY