Leased Retail Condominium
For Sale
$2,041,000
S2-4104 27th Street, New York, NY 11101
Fully leased retail condominium unit occupied by a neighborhood deli, generating $104,335 in annual rental income.
Property SizeContact for details
Days on Market53
Property Features for S2-4104 27th Street
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$4,356
Listing Agency:
B Square Realty
(718) 939-8388
Listed By:
Yiwen Zhu · License #1027686
(929) 366-6682
Source:
Exprealty
Added: Jul 17
Changed: Sep 3
Last Checked: Sep 6 at 3:30PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
25,011
Businesses Nearby
Explore this area
Business Placement
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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
