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Full details for Mixed Use For Sale in Woodside, New York

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Description

Corner Building in Prime Location in Woodside. The Subject property is a Mixed-Use Building Including 2 Commercial Stores on the first Floor and Two (1) Bedroom Apartments on the Second Floor. The Front Commercial Store is Rented to a Laundromat That Has Been There For the past 20 Years,They Pay For Their Own Water and Electric Bills. The Store on The Side of The Building is Rented To a Nail Solon For the past 10 Years. This Building Has Low Taxes Only $14,000 a Year and The commercial Store Pays for 50% of the increase in the Tax. The Zoning Is R7A, C1-4 and Residential FAR 4. You can Add additional 3,133 Sqft on Top of This Building. Usable floor area as built is 2,563, Allowed usable floor area is 5,696 Sqft. The Building is Located in Close Distance to Subway 7 Train on 52 St and Roosevelt Ave. This is a Free Market Rent Building and Has Potential to increase Rent and Add Additional 3 Floors on Top of This Building! Excellent Investment Asset. Back to listing
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