Property Details

Overview

This Max-use property comes with a 1st floor as a take-out Chinese restaurant + 2 family above, on Main Street, College Point. Lot size: 23x62, Building size: 23x48, Low Property Tax $9, 524/year. Heating is separated into 3 boilers and 3 gas water heaters. 3 gas meters and 5 electric meters. Zoning: R5B, C1-3.Ground floor: Take-out Chinese restaurant, paying $3, 450/month plus 50% of property tax and 60% of water bills. Rent increases 3% every year; a 4-year lease remains.2nd Floor layout as a 3-bedroom with 2 full bathrooms apartment. will be vacant before closing.3rd Floor layout is a 3-bedroom with 1 full bathroom apartment, will be vacant before closing.This is an excellent investment opportunity.Q25/Q65 direct to Main Street, Flushing.