10913 Farmers Blvd - Retail FOR SALE


Saint Albans, NY 11412
$1,250,000 USD
917-943-0898
10913 Farmers Blvd, Saint Albans, NY for Sale
$1,250,000 USD
Retail - FOR SALE
1/2
null | 7.53% Cap Rate

10913 Farmers Blvd
Saint Albans, NY 11412


HIGHLIGHTS

  • Excellent condition
  • Strong rental
  • Low LL expenses

OVERVIEW

Beautifully maintained mixed-use property located on the thriving Farmers Boulevard corridor in Saint Albans, Queens. The building features a ground-floor commercial storefront and two well-kept residential apartments above, offering a perfect blend of retail visibility and residential stability. The property produces a strong annual income of $100,680 with minimal landlord expenses of about $6,550, resulting in a net income of approximately $94,130 per year. The storefront rents for $3,000 per month, while the two apartments generate $2,612 and $2,778 per month, delivering consistent and diversified cash flow. Situated in a dense, high-traffic neighborhood, the property benefits from excellent exposure, steady foot traffic, and easy access to Merrick Blvd & Linden Blvd. The area’s strong demographics, established retail base, and ongoing community growth make this an exceptional opportunity for investors or owner-users seeking turn-key stability with long-term upside.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

7.53%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,830 SF

ZONING

R5B

APN/PARCEL ID

10923-0004

ASK ABOUT THIS PROPERTY

Brian MannieRixel Real Estate IncMore Info
917-943-0898

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Brian MannieRixel Real Estate IncMore Info
917-943-0898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.