MLS#935219
STATUSPending
PROPERTY TYPECommercial -
SCHOOLQueens 25
Property Description
Retail & Residential Mixed Use Building With 9.6% Cap Rate. 3 Units, Fully Rented, High Monthly Cash Flow, ($10,706) Gross Operating Income ($128,472 Annual). Pharmacy ground floor, 2 Residential Rental Apts Second Floor. 1 2 Bedroom, 1 3 Bedroom. All Leases Expire 2028. Busy Commercial Location. This Multi Family/Retail Investment Property Has Solid Financials, With Escalating Retail Lease, and Low Expenses. Great Opportunity For All Investors.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Storage Space, Unfinished
Cooling: Central Air, Wall/Window Unit(s)
Heating: Baseboard, Electric, Natural Gas
Home Style: Mid Rise
Lot Size: 0.04 Acres
Stories: 2.0
Taxes: $14,000
Year Built: 1930
Feature Descriptions
Appliances: Gas Oven, Gas Range, Oven, Refrigerator, Gas Water Heater
Building Area Total: 2460
Business Type: Mixed
Cap Rate: 12
Common Walls: 2+ Common Walls
Days on Site: 237
Electric: 200+ Amp Service
Exterior: Brick
Flooring: Combination
Heating Units: 3
Heating Zones: 3
House Faces: North
On Market Date: 2025-11-12
Overhead Door Height: 7
Parcel Number: 109-68-0104
Parking Features: On Street
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Tenant Pays: Electricity, Gas, Heat
Units: 3
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
School District: Queens 25
Listed By / Shown By
Listing By
Agency Name: Leticia J Allocca
Agency Contact: 516-507-2736
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
112-21 Farmers Boulevard | MLS# 935219
This commercial property located at 112-21 Farmers Boulevard, Saint Albans, NY 11412 is currently listed for sale with an asking price of $1,099,000. 112-21 Farmers Boulevard is located within the Queens 25 school district. Search Saint Albans real estate on www.cbamhomes.com today.