Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 201-13 Linden Blvd
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7508
- Latitude
- 40.6949
