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Leased Retail Condominium Unit

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
Listed by Yiwen Zhu · License #1027686
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.

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

Suggested Use

Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service

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

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
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