Corner Property with
For Sale
$1,100,000
9056 210th St, Queens, NY 11428
Fully occupied two-family with storefront, low taxes, high visibility.
Property Size3,479 SF
Lot Size0.05 Acres
Days on Market314
Property Features for 9056 210th St
General Information
Standard status
Active
Size
3,479 SF
Lot size
0.05 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,467
Building Details
Building Size
3,479 SF
Year Built
1931
Stories
1
Units
3
Listing Agency:
S H V REAL ESTATE CORP
Listed By:
Reema Sharma · License #31SH1064229
(718) 343-5200
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 7 at 12:36PM
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 S H V REAL ESTATE CORP
Investment Insights
Based on property information with market context.
This corner property is a fully-occupied, two-family residence with a legal storefront. The property is currently operating with fully-paying tenants in all units. The residential portion features a total of 2,451 square feet, including a two-bedroom unit and a studio apartment. The commercial space measures 1,028 square feet. The store benefits from two private, front-of-store parking spots. The property is located between Hillside Avenue and Jamaica Avenue, with no nearby competing stores. The annual taxes are $7,467.60.
Key Highlights
- Fully occupied, turnkey investment property generating immediate cash flow.
- Extremely low annual property taxes of $7,467.60.
- Legally configured two‑family residence with a legal storefront.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,042
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,840
$1.7M
Cap Rate 7%
$1,214,886
$1.2M
Cap Rate 9%
$944,911
$944.9K
Market Conditions
NOI Build-Up for 3,479 SF
Gross rent
$160.7K $46.20/SF
− Vacancy
−$6.1K −$1.76/SF
EGI
$154.6K $44.44/SF
− OpEx
−$69.6K −$20.00/SF
NOI
$85.0K $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%
$1,700,840
Cap Rate 7%
$1,214,886
Cap Rate 9%
$944,911
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.42M
NOI $85,042 @ 7.0% cap · market cap 7.73%
Second Best
Retail
$887.1K
$776.3K – $1.04M
NOI $62,100 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,533 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,947
Businesses Nearby
Explore this area
Business Placement
Demographics for 11428, NY
19,516
Population
6,335
Households
3.1
Avg Household Size
42
Median Age
28%
College-Educated
81%
High-School Grad
0.8 sq mi
ZIP Area
24,395
Density / Sq Mi
$84,977
Median Household Income
$42,146
Median Earnings
$1,827
Median Rent
$666,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied two-family with storefront, low taxes, high visibility.
Where is this mixed-use property located?
The property is located at 9056 210th St Queens, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully occupied, turnkey investment property generating immediate cash flow.; Extremely low annual property taxes of $7,467.60.; Legally configured two‑family residence with a legal storefront.
