Prime Mixed-Use Corner Investment – Astoria
Rare opportunity to acquire a fully occupied mixed-use asset featuring 3 commercial units and 2 residential apartments, generating approx. $339K gross / $290K net (4.21% cap).
Positioned on a high-visibility corner at Broadway & Crescent St with strong foot traffic and established tenants.
Zoned R6A/C1-4 with significant upside — approx. 3,800+ buildable sq ft of unused air rights.
Minutes to N/Q trains. Ideal for investors seeking stable income in a prime Astoria corridor with long-term appreciation and development potential.
Prime Mixed-Use Corner Investment – Astoria
Rare opportunity to acquire a fully occupied mixed-use asset featuring 3 commercial units and 2 residential apartments, generating approx. $339K gross / $290K net (4.21% cap).
Positioned on a high-visibility corner at Broadway & Crescent St with strong foot traffic and established tenants.
Zoned R6A/C1-4 with significant upside — approx. 3,800+ buildable sq ft of unused air rights.
Minutes to N/Q trains. Ideal for investors seeking stable income in a prime Astoria corridor with long-term appreciation and development potential.
Listing Courtesy of Lucblue Realty LLC