Mixed-Use Building in Saint Albans, Queens

201-13 Linden Blvd,
Saint Albans, NY 11412

 

$850,000
Price
4
Number of Units
$212,500
Price Per Unit
2,060
Building SF
5.72%
Cap Rate
1,815
Land SF
$850,000
Price
4
Number of Units
$212,500
Price Per Unit
2,060
Building SF
5.72%
Cap Rate
1,815
Land SF

Investment Highlights

  • For Sale: Mixed-Use Building on Linden Blvd in Saint Albans, Queens
  • Comprised of an ideal mix of (1) Retail Space and (3) Residential Spaces
  • All month to month lease or no leases with below market rent with potential of immediate increase in potential gross revenue
  • Located on Linden Blvd and between Francis Lewis Blvd and Springfield Blvd which have high traffic counts
  • Surrounded by Various Neighborhood Retail, Bank & Retail Franchise and Amenities including Bank of America, CVS, Chase, KFC, Dunkin Donut & McDonald's to the east; and FDNY, US Postal Service, Burger King & Queens Public Library to the west

Location Summary

  • Subject Property is located on Linden Blvd, approximately 1.2 miles west of Cross Island Parkway, and 1.5 miles northwest of the Belt Parkway. The traffic count at this location is approximately 11,558 vehicles per day.
  • Surrounded by Various Neighborhood Retail, Bank & Retail Franchise and Amenities including Bank of America, CVS, Chase, KFC, Dunkin Donut & McDonald's to the east; and FDNY, US Postal Service, Burger King & Queens Public Library to the west
FOR MORE DETAILS CONTACT
Raj Whadwa
Managing Partner
(516) 316-0722
raj@grs-us.com
10991239274
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