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$ 7,580,000
Est. payment | /mo
$ 7,580,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1065001
Rental Info No
Year Built 2002
Annual Tax Amount $1,725
Property Sub-Type Office
Source onekey2
Property Description
Waterview Marina Community Facility features approximately 23,644 SF with multiple commercial tenants, offering established rental income and the potential for long-term income stability. The property represents an indicated cap rate of 7.61% based on provided financial information. The tenant mix includes children's services, a dental laboratory, and specialized equipment businesses. Several units are currently vacant, providing potential to increase occupancy and rental income. The property also offers significant potential for future value enhancement and development, subject to zoning, permitted uses, and applicable approvals. Marina waterfront access rights are included, and additional parking spaces are available for separate purchase. An attractive opportunity for investors seeking an income-producing commercial property with long-term investment potential and future upside. All income, expenses, lease terms, development potential, permitted uses, and waterfront access rights are subject to verification.
Location
State NY
County Queens
Interior
Heating Baseboard
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens 25
School District Queens 25
Others
Special Listing Condition None
Listed by E Realty International Corp • Hsin Yuan Yang
Nearby Locations
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70 Charles Lindbergh Blvd, Uniondale, NY 11553-3634, USA