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    7009 Grand Ave Flushing, NY 11378

    For Sale
    $1,590,000

    Two-story building with restaurant and renovated residential units.

    Property size:
    1,967 SF

    Property Features for 7009 Grand Ave

    General Information

    Size
    1,967 SF

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

    Overview

    Mixed-Use Building with Restaurant

    This is a two-story mixed-use building situated in a high-traffic location. The ground floor is fully leased to a restaurant operating under a NNN lease. The second floor contains two recently renovated two-bedroom residential units. The property's gross operating income is $90,000. The mixed-use configuration provides diversified income streams. The property size is 1,967 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Fresca Tortilla Tex-Mex Restaurant

    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
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.892907
    Latitude
    40.727733

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story building with restaurant and renovated residential units.
    Where is this mixed-use property located?
    The property is located at 7009 Grand Ave Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: - Stable income from a fully leased ground-floor restaurant with a NNN lease.; - Gross operating income of $90,000.; - **Two recently renovated 2-bedroom residential units** on the second floor.
    Request Owner's contact information
    7009 Grand Ave Flushing, NY 11378
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7009 Grand Ave Flushing, NY 11378
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