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    172-12 Linden Blvd Queens, NY 11436

    Sponsored
    For Sale
    $1,300,000

    Queens, NY Mixed-Use Property - High Potential

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use property at 172-12 Linden Blvd, Queens, NY 11436, presents a compelling investment opportunity. Priced at $1,300,000, this property boasts a unique blend of commercial and residential space. The building features two residential units, potentially deliverable vacant, offering significant upside potential for rental income. Currently, one commercial unit is leased. A full basement provides ample storage space. Recent upgrades include a newer gas furnace, hot water heater, and updated electrical systems. The current rental income is below market value, indicating a strong opportunity to increase cash flow. The property enjoys a highly convenient location, close to a variety of shopping, dining, and houses of worship. Public transportation is readily accessible, with MTA bus service within 100 feet. The motivated seller is eager to finalize a transaction. This property is ideal for investors seeking a strong return on investment in a desirable Queens neighborhood. Contact us today for complete details and to schedule a viewing.

    Property Features for 172-12 Linden Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1 SF

    Building Details

    Units
    2

    HighLights

    • Two residential units, potentially vacant upon closing.
    • One commercial unit, currently leased.
    • Full basement.
    • Updated gas furnace, hot water heater, and electrical system.
    • Below‑market rents, offering upside potential.
    • Excellent location near shopping and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.7977928
    Latitude
    40.6718171

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    FAQs

    What type of property is this?
    Mixed-use property - Queens, NY Mixed-Use Property - High Potential
    Where is this mixed-use property located?
    The property is located at 172-12 Linden Blvd Queens, 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: Two residential units, potentially vacant upon closing.; One commercial unit, currently leased.; Full basement.
    Request Owner's contact information
    172-12 Linden Blvd Queens, NY 11436
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    Queens, NY 11436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    172-12 Linden Blvd Queens, NY 11436
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