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Property profile & analytics
OFF-MARKET
Mixed-use properties

145-80 224Th St Springfield gardens, NY 11413

2,842 SF 0.28 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 2,842 SF
Lot 0.28 ac (12,197 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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