107-17 Metropolitan Ave Queens, NY 11375
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 107-17 Metropolitan Ave
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at 107-17 Metropolitan Avenue in Forest Hills, Queens, presents a rare investment opportunity. Priced at $995,000, this vacant two-unit building is ready for immediate occupancy. The property boasts a desirable R3-2/C2-3 zoning designation, offering flexibility for a variety of uses. The ground floor commercial space comprises a 1088 square foot store with a full basement, ideal for a retail business or other commercial venture. Above the store, a spacious studio apartment is available, currently in move-in condition. The building is a two-story structure, providing ample space for both commercial and residential uses. Its prime location on Metropolitan Avenue in Forest Hills ensures high visibility and accessibility. This property is a blank canvas for an investor seeking to establish a thriving business and generate rental income. The vacant status allows for immediate customization and tenant selection, maximizing potential returns. This is a unique chance to acquire a well-situated mixed-use building in a thriving Queens neighborhood. The property's size and zoning make it an attractive prospect for both experienced and new investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.8454
- Latitude
- 40.7098