Mixed-Use Building with Retail
5-46 50th Avenue Queens, NY 11101
5-46 50th Avenue, Queens, NY, 11101
$4,950,000
Pending
For Sale
$4,950,000
Pending
COMMERCIAL - Other - Queens, NY
Property Size5,190 SF
Lot Size2,500.00 Acres
Days on Market142
Property Features for 5-46 50th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 6, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 5
- Standard status
- Pending
- Lot size
- 2,500.00 Acres
Building Details
- Architectural style
- Other
Listing agency
Compass
(646) 982-0353
Listed by
Erion Ahmetaj · License #10301219187
Added: Mar 2 Updated: Jul 21 at 5:55AM Checked: Jul 22 at 1:06AM
MLS# 11665518
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Mixed-use property configured as a 25-foot-wide building featuring ground-floor retail and a rear artist studio, with four free-market residential apartments above. The residential units are currently vacant, allowing for immediate leasing following tenant selection. Based on current in-place figures, the property generates $326,724 in gross revenue with $39,167 in expenses, resulting in $287,557 in in-place net operating income.
Located at 5-46 50th Avenue in Queens, the building is described as being just moments from Vernon Boulevard and the East River waterfront, with access to nearby transportation and open space.
The property is situated in an M1-4 / R6B zoning district, supporting continued mixed-use occupancy subject to customary approvals. Current estimates include projected stabilized gross revenue of $342,320 and $303,160 in pro forma net operating income, with a stated pro forma capitalization rate of approximately 5.5%.
Located at 5-46 50th Avenue in Queens, the building is described as being just moments from Vernon Boulevard and the East River waterfront, with access to nearby transportation and open space.
The property is situated in an M1-4 / R6B zoning district, supporting continued mixed-use occupancy subject to customary approvals. Current estimates include projected stabilized gross revenue of $342,320 and $303,160 in pro forma net operating income, with a stated pro forma capitalization rate of approximately 5.5%.
Key Highlights
- Mixed‑use building on a 2,500 SF lot with 5,190 SF total building area and 25 ft x 42 ft dimensions
- Ground‑floor retail plus four free‑market residential apartments above (25‑foot‑wide building)
- Residential units are currently vacant and free‑market, creating an immediate path to lease‑up
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LEDO - The Art Of The Barber
Barber Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 25-foot-wide building with ground-floor retail and four free-market residential apartments above.
Where is this mixed-use property located?
The property is located at 5-46 50th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Mixed‑use building on a 2,500 SF lot with 5,190 SF total building area and 25 ft x 42 ft dimensions; Ground‑floor retail plus four free‑market residential apartments above (25‑foot‑wide building); Residential units are currently vacant and free‑market, creating an immediate path to lease‑up
