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    Mixed-Use Building in College Point Title is generated by Realmo AI

    1524 College Point Blvd, College Point, NY

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    Newly renovated mixed-use building with restaurant and residential units.

    Type:RETAIL
    Property size:
    2,500 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $720/SF
    Added:
    Nov 28, 2025
    Days on Market:
    195
    Last Refresh:
    Apr 5 at 10:29 pm

    Property Features for 1524 College Point Blvd

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.06 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    John Liu
    John Liu

    Listing agent John Liu

    Listing office Chase Global Realty Corp

    Listing date Nov 28, 2025

    Source Moodyscre

    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 Chase Global Realty Corp

    HighLights

    • Mixed‑use building with established restaurant providing immediate rental income
    • Located in Flushing Downtown College Point Business District with heavy foot traffic
    • Two residential units, each with 3 bedrooms and 2 bathrooms
    • Newly renovated condition
    • Restaurant has a 9‑year lease in place
    • Convenient access to public transportation

    Overview

    Located in the Flushing Downtown College Point Business District, this newly renovated mixed-use building is for sale. The property features a restaurant on the first floor and basement, with an existing 9-year lease. The second and third floors each contain a 3-bedroom, 2-bathroom residential unit, including a living and dining area. The property offers an opportunity for investors, with heavy foot traffic and proximity to public transportation. The building has a total size of 2500 square feet. The vacancy percentage is 0.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $165.0k $66.00
    − Vacancy −$10.7k −$4.29
    EGI $154.3k $61.71
    − OpEx −$38.6k −$15.43
    NOI $115.7k $46.28
    2,500 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.65M
    $1.45M – $1.93M (±1% cap)
    NOI $115,706 @ 7.0% cap · market cap 6.43%
    Second Best
    Apartment 5plus
    $873.0K
    $763.9K – $1.02M (±1% cap)
    NOI $61,111 @ 7.0% cap · market cap 3.40%
    Theoretical Best
    Office A
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $129,012 @ 7.0% cap · market cap 7.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon 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
    College Point
    County
    Queens
    State
    New York
    Longitude
    -73.8461
    Latitude
    40.7835

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    FAQs

    What type of property is this?
    Mixed-use property - Newly renovated mixed-use building with restaurant and residential units.
    Where is this mixed-use property located?
    The property is located at 1524 College Point Blvd College Point, NY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Mixed‑use building with established restaurant providing immediate rental income; Located in Flushing Downtown College Point Business District with heavy foot traffic; Two residential units, each with 3 bedrooms and 2 bathrooms
    (212) 991-8269 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Liu
    John Liu
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