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Corner Mixed-Use Apartment Building
For Sale
Contact for pricing
Pending

96-06 43rd Avenue, Queens, NY 11368

Four-story corner building with two ground-floor commercial stores, seven apartments, and a leased music studio basement.

Property Size6,850 SF
Lot Size0.05 Acres
Days on Market142

Property Features for 96-06 43rd Avenue

General Information

Standard status Pending
Size 6,850 SF
Lot size 0.05 Acres
Property subtype Mixed Use
Zoning M1-1

Additional Details

Cap Rate 6%
Highway Access Yes
Multifamily Units 7

Building Details

Year Built 1931
Stories 4
Tenancy Multi
Listing Agency: Winzone Realty Inc
Listed By: Rita Mahgerefteh · License #10301223323
Source: Crexi
Added: Apr 12 Changed: Aug 22 Last Checked: Aug 29 at 11:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winzone Realty Inc

Investment Insights

Based on property information with market context.

A well-maintained four-story corner mixed-use building featuring two commercial stores and seven residential apartments. The property includes one long-standing restaurant and one retail store with remaining lease term, plus a basement space currently rented to a music studio.

The building is positioned on a corner lot along Junction Blvd and 43 Ave, near public transportation. The asset is also described as close to highways, with Subway Line #7 referenced at the intersection of Junction Blvd and Roosevelt Ave, and nearby retail and gas station activity.

Apartment mix consists of five 3-bedroom units, one 4-bedroom unit, and one 1-bedroom unit. Building improvements noted include a boiler installed approximately four years ago and a roof installed approximately seven years ago. The property is zoned M1-1.

Key Highlights

  • Four‑story corner building with 2 commercial stores and 7 residential apartments (five 3BR, one 4BR, one 1BR).
  • 6,850 interior SF building size (25 ft x 76 ft) on a 25.33 ft x 87.33 ft lot (2,212 SF) built in 1931; Block & lot 01613‑0011.
  • Ground‑floor commercial includes a restaurant and a retail grocery store; grocery store lease has 2 years remaining.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home Acupuncture Butcher Pet Grooming Service Restaurant Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,987
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story corner building with two ground-floor commercial stores, seven apartments, and a leased music studio basement.
Where is this mixed-use property located?
The property is located at 96-06 43rd Avenue Queens, NY.
What are key features of this property?
This property features: Four‑story corner building with 2 commercial stores and 7 residential apartments (five 3BR, one 4BR, one 1BR).; 6,850 interior SF building size (25 ft x 76 ft) on a 25.33 ft x 87.33 ft lot (2,212 SF) built in 1931; Block & lot 01613‑0011.; Ground‑floor commercial includes a restaurant and a retail grocery store; grocery store lease has 2 years remaining.
More about this property
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