101-19 Northern Blvd Queens, NY 11368
- Retail properties
- 2,000 SF
Current Use by Public Records
- Retail properties
Property Details for 101-19 Northern Blvd
- Year built
- 1930
- Property size
- 2,000 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property, located at 101-19 Northern Boulevard in Queens, New York, presents a lucrative investment opportunity. The 2,000 square foot building, constructed in 1930, sits on a 2,000 square foot lot and is zoned Commercial, R6A, offering significant potential for expansion due to available air rights. Currently generating substantial rental income, the property features a ground floor retail space collecting $5,500 monthly (no lease in place), and two separate 2-bedroom residential units on the second floor, each collecting $2,350 monthly (also without leases). The building includes parking for one vehicle. Its prime corner location on busy Northern Boulevard ensures high visibility and accessibility. The property's strategic location offers easy access to LaGuardia Airport, the Grand Central Parkway, the 7 train, and numerous bus routes, providing convenient access to both New York City and Flushing. Serious buyers only; proof of funds and bank pre-approval are required. This is a rare chance to acquire a well-established, income-producing asset with significant upside potential in a thriving Queens neighborhood. The building is a brick structure. The address is 11368, Queens County, New York.
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
- -73.8667
- Latitude
- 40.7578
