Netter Real Estate Inc
Richard Bocchieri, Netter Real Estate IncPhone: (631) 848-0748
Email: [email protected]
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listing
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Single FamilyFor Sale
$37,800,000
27-05 41st Avenue
Long Island City, NY 11101
Listed by: Century Homes Realty Group LLC, 718-886-6800
MLS: OneKey MLS
Est. Mortgage
$195,217/mo

36 units condo with 5 retail stores plus 22 parking spaces for sale. River Bridge Tower is a recently built development located in the heart of Long Island City- one of the NYC's most vibrant retail, business and residential districts. It is a noticeably young and fully rented building which provides 5 retail stores, 36 residential units with 22 parking spaces. Residential living consists of one and two-bedrooms (1 or 2 baths) units, where each contains a private balcony with a great city view. Great location for retail business with busy foot traffic. This elevator building offers garage parking, package room and bike room. Laundry on every floor. Super convenient transportation, one block to the Queensboro Plaza subway station (7, N and W), and 2 blocks to the Queens Plaza station (E, M and R). Super convenient commute to Manhattan. Accessible to bus stops, shops, groceries, restaurants and all. 100% occupancy with projected income increase of 10% from rental renewal to make higher cap rate, plus tax abatement. 15 year tax abatement for residential & 25 year tax abatement for commercial. Great investment opportunity. Your turnkey business starts from here.

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Information courtesy of Century Homes Realty Group LLC is subject to verification and is not guaranteed.
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