Leased Retail Condominium
S2-4104 27th Street New York, NY 11101
New
S2-4104 27th Street, New York, NY, 11101
$2,041,000
For Sale
$2,041,000
Fully leased retail condominium unit occupied by a neighborhood deli, generating $104,335 in annual rental income.
Days on Market7
Property Features for S2-4104 27th Street
General Information
- Standard status
- Active
Listing agency
B Square Realty
(929) 366-6682
Listed by
Yiwen Zhu · License #1027686
(929) 366-6682
Source
Exprealty
Added: Jul 17 Updated: Jul 21 at 10:04AM Checked: Jul 22 at 10:26AM
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 B Square Realty
Investment Insights
Based on property information with market context.
This fully leased retail condominium unit is approximately 1,570 SF and is currently occupied by an established neighborhood deli. The space is generating $104,335 in annual rental income under existing occupancy.
The property is described as located in the core of Long Island City within a high-density residential neighborhood with surrounding new developments and strong pedestrian traffic.
The offering also notes low operating expenses attributed to ICAP tax abatement, supporting a favorable cost structure for an investor seeking stabilized retail income in a retail condominium format.
The property is described as located in the core of Long Island City within a high-density residential neighborhood with surrounding new developments and strong pedestrian traffic.
The offering also notes low operating expenses attributed to ICAP tax abatement, supporting a favorable cost structure for an investor seeking stabilized retail income in a retail condominium format.
Key Highlights
- Fully leased 1,570 SF retail condominium unit currently occupied by an established neighborhood deli
- Generates $104,335 in annual rental income
- ICAP tax abatement helps keep operating expenses low
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Fully leased retail condominium unit occupied by a neighborhood deli, generating $104,335 in annual rental income.
Where is this retail space located?
The property is located at S2-4104 27th Street New York, NY.
What is the asking price?
The asking price for this property is $2,041,000.
What are key features of this property?
This property features: Fully leased 1,570 SF retail condominium unit currently occupied by an established neighborhood deli; Generates $104,335 in annual rental income; ICAP tax abatement helps keep operating expenses low