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86-30 Grand Ave, Unit 10 Queens, NY 11373

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For Sale
$5,800,000

Ten-unit multifamily building rebuilt in 2018 in a safe neighborhood.

Lot size:
0.15 Acres

Property Features for 86-30 Grand Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.15 Acres

Building Details

Year built
1945

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Listing Contact
Jimmy Q. Liu
Jimmy Q. Liu
Source: Elliman

Listing Agent: Jimmy Q. Liu

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

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Property Insight Report

Overview

Rebuilt Multifamily Building in Queens

This ten-unit building, completely rebuilt in 2018, is located in a safe residential neighborhood with convenient access to stores and transportation. The property features two 1-bedroom apartments, seven 2-bedroom apartments, and one studio. Six of the units include two bathrooms. All units are currently rented to responsible tenants at market prices, with tenants responsible for their own utilities. The apartments feature large windows for ample natural light, tiled floors, and stainless steel appliances. The building offers open city views. Transportation options include nearby subway and bus stations. Queens Shopping Center is located nearby, as are schools. The property benefits from low annual property taxes. There are four parking spaces located in the back of the property. The property features an extra-long lot with a large, uplifted, and landscaped front yard. The building size is 42x55. The property is suitable for both living and investment purposes and presents an excellent opportunity for a 1031 Tax Exchange.
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 Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.8787
Latitude
40.7372

FAQs

What type of property is this?
Apartment building - Ten-unit multifamily building rebuilt in 2018 in a safe neighborhood.
Where is this apartment building located?
The property is located at 86-30 Grand Ave, Unit 10 Queens, NY.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: - Completely rebuilt in 2018.; - Ten units: Mix of 1BR, 2BR, and Studio apartments.; - All units currently rented to responsible tenants at market price.
More about this property
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