Property summary
This exceptional 10,846 square foot commercial land parcel is located at 70-09 45th Avenue 1B, Queens, NY 11377. Priced at $629,900, this property presents a unique investment opportunity. The site is part of a brand new building and includes a modern, approximately 1000 square foot ground-level commercial condominium. The property boasts low annual property taxes of $2,365.28 and monthly HOA fees of $482.93. A significant advantage is the inclusion of a private indoor garage within the asking price. Additional parking spaces are available for separate purchase. This prime location offers convenient access to a variety of amenities, including diverse transportation options, parks, schools, banking institutions, and supermarkets. The property's strategic positioning within the vibrant Queens community makes it an ideal location for a wide range of commercial ventures. Attractive owner financing is available at a 6% interest rate (subject to change), making this an even more compelling investment prospect. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and return. Don't miss out on this exceptional offering.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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