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Mixed-Use Property with Three Apartments

119-49 6th Ave, Queens, NY 11356

For Sale
$1,345,000

The building includes central heat, in-unit central air conditioning, laundry facilities, and four front parking spaces.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market20

Property Features for 119-49 6th Ave

General Information

Standard status Active
Total Parking Spaces 4
Lot size 0.08 Acres
Property subtype Investment

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Office Units 1
Property Use Medical Office

Taxes and HOA fees

Annual Taxes $39,000

Amenities

Laundry room
Central A/C
Balcony
Back yard
Water views

Building Details

Year Built 1984
Buildings 1
Stories 3
Units 3
Tenancy Multi
Abandoned No
Listed By: Spiros Nitis CBR
Source: Elliman
Added: Oct 20 Changed: Nov 7 Last Checked: Nov 7 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spiros Nitis CBR

Rey
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Investment Insights

Based on property information with market context.

This 1984 building is configured as three apartments with a medical office. The apartments are vacant, and permits have been issued to convert the property to a legal three-family building with a finished basement and access to the backyard; construction is expected to finish soon. The three floors contain 18 rooms and seven bedrooms, with a balcony on each level. A laundry room is in the building, and central heat serves the property; each unit has central air conditioning. Tenants pay utilities other than water.

The property has water views. Its lot measures 21.67 feet by 163 feet, and the building measures 21 feet by 58 feet. Four parking spaces are located at the front.

Key Highlights

  • Three apartments and a medical office; permits issued for conversion to a legal three‑family building
  • 18 rooms and 7 bedrooms across three floors, each with a balcony
  • Permitted conversion includes a full finished basement with backyard access

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,659
Businesses Nearby

Demographics for 11356, NY

28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value

Market

Properties on Market for Mixed-use properties in Queens

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building includes central heat, in-unit central air conditioning, laundry facilities, and four front parking spaces.
Where is this mixed-use property located?
The property is located at 119-49 6th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,345,000.
What are key features of this property?
This property features: Three apartments and a medical office; permits issued for conversion to a legal three‑family building; 18 rooms and 7 bedrooms across three floors, each with a balcony; Permitted conversion includes a full finished basement with backyard access
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