12108 15th Ave - Storefront Retail/Residential FOR SALE


College Point, NY 11356
$1,700,000 USD
347-472-2216
12108 15th Ave, College Point, NY for Sale
$1,700,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

12108 15th Ave
College Point, NY 11356


HIGHLIGHTS

  • Opportunity Zone for Redevolpment
  • Retail With 10 Parking Spaces
  • Heavy Foot traffic

OVERVIEW

*This retail property in College Point represents a rare combination of immediate cash flow and high-upside development potential. Located in a designated Opportunity Zone, this site offers significant tax advantages for investors looking to deploy capital gains into a high-growth Queens corridor.Prime Commercial *Footprint: A versatile 1-story retail building currently operating as a well-established dry cleaners. The existing structure provides immediate utility or "as-is" rental income while you finalize your development plans. *Opportunity Zone Advantage: Positioned within a Qualified Opportunity Zone, offering potential for federal tax deferral and elimination of capital gains tax on future appreciation—a massive incentive for long-term development.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1-3/R4A

APN/PARCEL ID

04076-0013

ASK ABOUT THIS PROPERTY

Jorge SantiagoEast Coast NY IncMore Info
347-472-2216

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

Jorge SantiagoEast Coast NY IncMore Info
347-472-2216

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