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  • 116-01-03 14th Rd College Point, NY 11356
    $1,180,000
    Mixed Use Commercial ML# 846315
    Exceptional Investment Opportunity in the Heart of College PointIntroducing 116-01 & 116-03 14th Road—two mixed-use buildings being sold together as one rare and valuable package. Located on a corner lot just off College Point Boulevard, this property offers strong income potential, flexible usage, and long-term upside.Set on a corner lot with R4-1 zoning, the buildings feature a total of four free market residential units (two two-bedroom each apartments), two ground-floor commercial spaces and private back yard. It’s a well-rounded asset offering multiple income streams.The current setup includes a commercial tenant who leases both stores along with the basement, rear yard. Two of the four residential units are currently vacant, offering immediate leasing opportunity or renovation upside.With all units fully leased at market rents, the projected gross annual income exceeds $150, 000, offering a potential cap rate of approximately 12%. Tenants are responsible for their own electricity keeping operating expenses low.Sold as-is with tenants in place, this is a standout investment in a convenient location close to shops, schools, and public transportation. Don’t miss this chance to acquire a high-potential, income-generating property in growing College Point. All info deems accurate need to verify by potential buyers*
    Presented By: B Square Realty  646-889-9988
    Call Today: or  Email: Liberty Realty
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than Liberty Realty - Subsite 4 are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Victor Jalinos
Victor Jalinos
Licensed Associate Real Estate Broker Cell: 201-394-1537
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