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Property profile & analytics
OFF-MARKET
Mixed-use properties

51-107 Manilla St Queens, NY 11373

Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, situated at 51-107 Manilla Street in the vibrant Elmhurst neighborhood of Queens, New York (zip code 11373), presents a compelling investment opportunity. Boasting a substantial 2080 square feet of floor space, this building offers significant potential for a variety of uses. Constructed in 2018, the property is relatively new and benefits from modern construction. The building sits on a generous 3025 square foot lot, providing ample space and potential for future expansion or development. Its location in the heart of Elmhurst places it within easy reach of a diverse range of amenities, including shops, restaurants, and public transportation. The asking price for this property is $1,700,000. This represents a strong value proposition for investors seeking a well-located, versatile property in a thriving New York City neighborhood. The property's size and location make it ideal for both owner-occupancy and rental income generation. Further due diligence is recommended to fully assess the potential of this promising investment. Detailed financial information is available upon request.

Property profile
Verified
Property type Mixed-use properties
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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