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125-19 111Th Ave Queens, NY 11420

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For Sale
$1,550,000

Turn-key mixed-use property with retail space and updated apartments.

Property Features for 125-19 111Th Ave

General Information

Property type
Commercial
Standard status
Active

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Listing Contact
Andre Narine
Source: Elliman

Listing Agent: Andre Narine

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

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Property Insight Report

Overview

Renovated Mixed-Use Building with Income

This mixed-use property presents an investment opportunity or suits an end user, offering income potential and versatility. The building features a renovated exterior with a new roof, stucco, and brick façade. The second floor contains two updated apartments: a one-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. The ground level includes a clean, open retail storefront suitable for launching a new business, plus a finished basement with a full bathroom. A rear car garage adds value and convenience. Rooftop cell towers generate additional monthly income with an estimated lease value of over $500K, based on a 5% cap rate.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.8173
Latitude
40.673

FAQs

What type of property is this?
Mixed-use property - Turn-key mixed-use property with retail space and updated apartments.
Where is this mixed-use property located?
The property is located at 125-19 111Th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: - Rooftop cell towers generate substantial additional monthly income (estimated lease value over $500K).; - Fully renovated exterior including new roof, stucco, and brick facade.; - Two updated apartments on the second floor (1-bedroom/1-bath and 2-bedroom/1-bath).
More about this property
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