31-06 36th Avenue, Long Island cIty, NY 11106
Asking Price: $2,400,000
The subject is a mixed use building with one retail and four residential units located in one of the fastest growing areas of northern Long Island City. The retail tenant’s lease expires in 2019 and all residential tenants are currently month to month, offering immediate upside Current rents are under market value and offer significant upside to the building’s net income. The property benefits from a busy location on 36th Avenue just steps away from an N / Q line subway station. This is an excellent opportunity for an investor looking for a cash flow asset in a neighborhood that offers substantial upside.
For more information, contact Evan Daniel at (718) 451-8811 or at email@example.com.