18-24 College Pt Blvd Queens, NY 11356
This exceptional mixed-use property in Queens, NY, presents a unique investment opportunity. The 2,000 sq ft lot houses a thriving 2,700 sq ft restaurant featured in The New York Times, offering immediate income potential. The restaurant occupies the first floor, boasting a 20x70 footprint. A substantial 2,700 sq ft basement provides ample storage or operational space. Upstairs, a renovated 2-bedroom, 1-bathroom apartment offers comfortable living quarters, ideal for owner occupancy or rental income generation. The property is situated in a prime location zoned R5B/C1-3, providing flexibility for future development. Its convenient proximity to shops, restaurants, parks, schools, and public transportation (Q20A and Q65 bus lines) enhances its appeal and accessibility. The asking price is $1,899,000. This property offers a compelling blend of established business and residential income streams, making it an attractive investment in a vibrant Queens neighborhood. The address is 18-24 College Point Blvd, Queens, NY 11356.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.