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87-02 91St Ave Woodhaven, NY 11421

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For Sale
$1,300,000

Mixed-use property featuring vacant apartments and retail stores.

Property size:
2,000 SF
Lot size:
2,500.00 Acres

Property Features for 87-02 91St Ave

General Information

Standard status
Active
Size
2,000 SF
Lot size
2,500.00 Acres

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Listing Contact
John Lagoudis
John Lagoudis
Source: Crexi

Listing Agency: Realty Executives Astoria Listing Agent: John Lagoudis

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

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Overview

Mixed-Use Property with Vacant Units

The property at 91-02 87th Street, also known as 8702 91st Ave, Woodhaven, NY 11421, presents a significant opportunity. This mixed-use property includes apartments and two stores, all delivered vacant. The property features three retail stores, including a corner hair salon, and two smaller stores in the rear on 87th Street. Additionally, there are two apartments on the second floor, consisting of one one-bedroom unit and one two-bedroom unit, both delivered vacant. The property also includes two garages. The projected income is $127,800, with taxes at $10,789, insurance at $4,200, water at $1,800, and a super expense of $3,500, totaling $20,289 in expenses. The net operating income (NOI) is projected at $107,511. The property size is 2000 square feet.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Woodhaven
County
Queens
State
New York
Longitude
-73.866086
Latitude
40.685693

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring vacant apartments and retail stores.
Where is this mixed-use property located?
The property is located at 87-02 91St Ave Woodhaven, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Delivered Vacant: Apartments and 2 Stores; - High Net Operating Income (NOI): $107,511; - Two Retail Stores provide great income potential.
More about this property
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