568 Grandview Ave Queens, NY 11385
Turnkey, income-producing mixed-use building in a desirable Queens neighborhood.
Lot size:
0.04 AcresProperty Features for 568 Grandview Ave
General Information
- Standard status
- Active
- Lot size
- 0.04 Acres
Building Details
- Year built
- 1917
Source:
Elliman
Listing Agent: Luis F. Fernandez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Building in Prime Location
This is a turnkey, income-producing mixed-use brick building located in a desirable and rapidly appreciating neighborhood in Queens. The property benefits from its corner lot location, providing excellent exposure and street visibility on a bustling intersection. The zoning is R6B, which allows for potential future development or expansion, subject to architectural consultation. The building features three fully leased residential units with stable tenants and a strong rent roll. Additionally, there is a ground-floor retail unit with high visibility, ideal for continued commercial use. A rare amenity for the area, the property includes four private garages, suitable for owner use or additional rental income. This investment offers immediate cash flow and long-term upside in a high-demand rental market, making it suitable for 1031 exchange buyers, investors, or owner-users seeking mixed-use flexibility.
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
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.8892
- Latitude
- 40.7008
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Turnkey, income-producing mixed-use building in a desirable Queens neighborhood.
Where is this mixed-use property located?
The property is located at 568 Grandview Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Turnkey, income-producing mixed-use brick building.; - Located in a desirable and rapidly appreciating neighborhood in Queens.; - Fully leased with stable tenants and strong rent roll from 3 residential units.
