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Property profile

201-13 Linden Blvd Queens, NY 11412

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional mixed-use building, located at 201-13 Linden Blvd in Saint Albans, Queens, NY 11412, presents a compelling investment opportunity. Priced at $950,000, this property offers a current cap rate of 5.47% and a pro forma cap rate of 7.49%, promising strong returns. The 2,060 square foot building sits on a 1,815 square foot lot and comprises one retail storefront and three residential units, creating a diverse income stream. Its prime location on Linden Blvd, between Francis Lewis Blvd and Springfield Blvd, ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The immediate vicinity boasts a thriving retail environment, including established businesses such as Bank of America, CVS, and Dunkin' Donuts, further enhancing the property's appeal and potential for growth. This is an ideal opportunity for investors seeking a blend of retail and residential income in a bustling Queens neighborhood. The property's strong tenant base and strategic location contribute to its significant potential for long-term appreciation and increased revenue. Don't miss this chance to acquire a well-positioned mixed-use asset in a rapidly developing area.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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