106-11 Northern Blvd Queens, NY 11368

Building Details

Year Built

1930

Listing office Telemundo Realty Corp e***@gmail.com Show Phone

Listing date Nov 27, 2025

Source Elliman

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Investment Insights

Based on property information with market context.

This mixed-use property features a first floor, basement, and yard currently rented to a barber shop for $5,000 per month, with the tenant covering 40% of the water bill. The second floor comprises a three-bedroom apartment with a living room, kitchen, and bathroom, generating a monthly rental income of $4,150. The third floor mirrors this layout, also featuring three bedrooms, one bathroom, a kitchen, and a living room, and is rented for $3,050 per month, with the tenant responsible for all utilities except cold water. Constructed of brick and in very good condition, the property benefits from its proximity to buses, trains, supermarkets, restaurants, a realtor office, banks, and a school. It is also conveniently located near Citifield Stadium. The area is set to benefit from upcoming construction, including a soccer stadium and shopping center, promising significant appreciation for investors.

Key Highlights

• High Rental Income: Generates $12,200 per month.
• Mix Use Property: Commercial space (barber shop), basement, yard, plus two residential units.
• Tenant Pays Utilities: Barber shop covers 40% of the water bill, 3rd‑floor tenant pays all utilities except cold water.

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with strong rental income and future appreciation potential.

Where is this mixed-use property located?

The property is located at 106-11 Northern Blvd Queens, NY.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: High Rental Income: Generates $12,200 per month.; Mix Use Property: Commercial space (barber shop), basement, yard, plus two residential units.; Tenant Pays Utilities: Barber shop covers 40% of the water bill, 3rd‑floor tenant pays all utilities except cold water.