Mixed-Use Building with
224-12 Linden Boulevard, Cambria Heights, NY 11411
For Sale
New
$1,200,000
The property combines restaurant space, three residential rental units, and a full basement used for storage.
Property Size3,246 SF
Price / SF$369.69
Days on Market7
Property Features for 224-12 Linden Boulevard
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Buildings
Stories
Units
Tenancy
Listing Agency:
Exit Realty United
Listed By:
Bertha Narcisse
(917) 821-0921
Source:
Moreandmorerealestate
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 7 at 7:46PM
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 Exit Realty United
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 224-12 Linden Boulevard, this 3,246-square-foot mixed-use building has a street-level commercial storefront currently occupied by a restaurant, three residential rental units, and a full basement used for storage. The property is zoned R3-2.
The building is in Cambria Heights, New York, along Linden Boulevard. Its layout brings together commercial storefront space and residential units within one property.
The building is in Cambria Heights, New York, along Linden Boulevard. Its layout brings together commercial storefront space and residential units within one property.
Key Highlights
- 3,246‑square‑foot mixed‑use building
- Street‑level storefront currently used as a restaurant
- Three residential rental units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,941
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,820
$1.2M
Cap Rate 7%
$827,729
$827.7K
Cap Rate 9%
$643,789
$643.8K
Market Conditions
NOI Build-Up for 3,246 SF
Gross rent
$97.4K $30.00/SF
− Vacancy
−$14.6K −$4.50/SF
EGI
$82.8K $25.50/SF
− OpEx
−$24.8K −$7.65/SF
NOI
$57.9K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,820
Cap Rate 7%
$827,729
Cap Rate 9%
$643,789
Alternative Uses
Best Use
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,233 @ 7.0% cap · market cap 12.52%
Second Best
Retail
$827.7K
$724.3K – $965.7K
NOI $57,941 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,509 @ 7.0% cap · market cap 13.96%
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
Multi-tenant
Tenancy
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 11411, NY
19,579
Population
6,775
Households
2.9
Avg Household Size
45
Median Age
36%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
16,316
Density / Sq Mi
$118,393
Median Household Income
$52,378
Median Earnings
$1,605
Median Rent
$621,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - The property combines restaurant space, three residential rental units, and a full basement used for storage.
Where is this mixed-use property located?
The property is located at 224-12 Linden Boulevard Cambria Heights, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,246‑square‑foot mixed‑use building; Street‑level storefront currently used as a restaurant; Three residential rental units
