$988,000

230-02 Conduit Avenue S, Springfield Gardens, NY 11413

  • 1,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1933
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $549/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Calling All Investors, Developers & End-Users!!! 1,800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1,800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America. Income: Deli (1,800 Sqft. + 1,800 Sqft. LL): $52,800 Ann.; Lease Exp.: 11/1/2029. Verizon Tower: $24,000 Ann.; Lease Exp.: 2053. 2 Parking Spaces (Landscaper): $6,000 Ann. M-M. Gross Income: $82,800 Ann. Expenses: Gas: $0 Electric: $0 Water & Sewer: $700 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,803 Ann. Taxes: $17,579.76 Ann. Total Expenses: $21.332.76 Ann. Net Operating Income (NOI): $61,467.24 Ann.

Listing Status:
Active
Listing Office:
All Island Estates Realty Corp : 516-783-5600
MLS ID:
802378
  • Basement: Common
  • A/C: Multi Units
  • Heating: Electric

This listing courtesy of All Island Estates Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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