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106-11 Northern Blvd Queens, NY 11368

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For Sale
$1,900,000

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

Lot size:
0.05 Acres

Property Features for 106-11 Northern Blvd

General Information

Lot size
0.05 Acres

Building Details

Year built
1930

Source: Telemundo Realty Corp Agent Eduardo Ramirez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property Near CitiField

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.
Location Intelligence

Current Use by Public Records

Migue’s Beauty Salon Beauty Salon

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.934492
Latitude
40.751074

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.
More about this property
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