145-80 224Th St Springfield gardens, NY 11413
This exceptional mixed-use property, located at 145-80 224 St in Springfield Gardens, NY 11413, presents a lucrative investment opportunity. The building boasts a substantial 2,842 square feet situated on a 0.28-acre lot. Currently configured as a two-family home, it offers a comfortable and spacious layout. Each unit features three bedrooms, enhancing its rental potential. Hardwood floors run throughout the entire building, adding to its classic charm and appeal. The presence of three kitchens, one in each unit and one potentially shared, further enhances the property's functionality and income-generating capabilities. The property's location in Springfield Gardens offers convenient access to local amenities, transportation, and key thoroughfares. The asking price for this remarkable mixed-use property is $979,999. This represents a significant opportunity for investors seeking a strong return on investment in a desirable Queens neighborhood. The property's size, layout, and features make it an ideal candidate for both residential and potential commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the full potential of this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.