70-18 80Th St NY, NY 11385
This exceptional mixed-use property at 70-18 80th Street in Queens, New York, presents a lucrative investment opportunity. The 1,840 square foot building is a detached frame structure housing a two-family dwelling. The first floor and a fully finished basement comprise two duplex units, each featuring eat-in kitchens and dining areas. Convenient off-street parking is available for two vehicles. The property is heated by gas and includes a fenced-in yard, enhancing both privacy and curb appeal. Both the first floor and basement units will be vacant on transfer of ownership. Situated across from Atlas Mall, residents and tenants enjoy easy access to a wide array of shopping, dining, and entertainment options. The property's excellent location also provides proximity to schools, transportation, and parks, making it highly desirable. The lot measures 20x92 feet, while the building itself is 15 feet by 35 feet. Annual property taxes are approximately $3,367.00, and the property utilizes gas for heating. This property offers a compelling blend of residential and commercial potential in a vibrant and convenient neighborhood. The asking price is $838,888.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.