Mixed-Use Building with
200-20 Linden Boulevard, Saint Albans, NY 11412
For Sale
$999,000
A commercial storefront is paired with two apartments, with the retail space available vacant or leased.
Property Size2,600 SF
Price / SF$384.23
Days on Market39
Property Features for 200-20 Linden Boulevard
General Information
Standard status
Size
Property subtype
Site & Location
Corner Location
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Rixel Real Estate Inc
Listed By:
Brian S. Mannie · License #10311210288
(917) 943-0898
Source:
Nmgproperties
Added: Sep 30
Changed: Nov 6
Last Checked: Nov 7 at 2:43PM
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 Rixel Real Estate Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,600-square-foot mixed-use building dates to 1925 and contains a commercial storefront plus two apartments: one one-bedroom unit and one two-bedroom unit. The storefront may be delivered vacant or occupied at market rent.
Key Highlights
- 2,600‑square‑foot mixed‑use building with a commercial storefront and two apartments
- Apartment mix includes one 1‑bedroom unit and one 2‑bedroom unit
- Storefront can be delivered vacant or occupied at market rent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,555
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,100
$1.3M
Cap Rate 7%
$907,929
$907.9K
Cap Rate 9%
$706,167
$706.2K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$120.1K $46.20/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$115.6K $44.44/SF
− OpEx
−$52.0K −$20.00/SF
NOI
$63.6K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,100
Cap Rate 7%
$907,929
Cap Rate 9%
$706,167
Alternative Uses
Best Use
Apartment 5plus
$907.9K
$794.4K – $1.06M
NOI $63,555 @ 7.0% cap · market cap 6.36%
Second Best
Retail
$663.0K
$580.1K – $773.5K
NOI $46,410 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,172 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 18%
McDonald's
Dining
22,741 visits/mo
0.2 miles
Dunkin' Donuts
Dining
7,949 visits/mo
0.3 miles
Bank of America
Shops & Services
6,797 visits/mo
0.3 miles
Demographics for 11412, NY
37,958
Population
12,821
Households
3
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
23,724
Density / Sq Mi
$98,418
Median Household Income
$48,243
Median Earnings
$1,630
Median Rent
$633,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Queens County, NY
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial storefront is paired with two apartments, with the retail space available vacant or leased.
Where is this mixed-use property located?
The property is located at 200-20 Linden Boulevard Saint Albans, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,600‑square‑foot mixed‑use building with a commercial storefront and two apartments; Apartment mix includes one 1‑bedroom unit and one 2‑bedroom unit; Storefront can be delivered vacant or occupied at market rent
