11882 Metropolitan Ave - Apartments CONDO FOR SALE


Kew Gardens, NY 11415
$975,000 USD
718-640-4431
11882 Metropolitan Ave, Kew Gardens, NY for Sale
$975,000 USD
Apartments CONDO - FOR SALE
1/26
null | Request Cap Rate

11882 Metropolitan Ave
Kew Gardens, NY 11415


HIGHLIGHTS

  • Good street intersection and sign visibility with great foot and 15k+ daily car traffic!
  • Versatile retail, medical, office, mixed use or residential condo.

OVERVIEW

Built in 2002, this vacant, spacious and versatile duplex can be used for medical, office, retail and residential use! Forest Park Condominium is located at the Kew Gardens commerical center. A quiet residential neighborhood in Queens, known for its tree-lined streets and historic homes. It offers a suburban feel with front door access to the Q10 (15 minutes to JFK!), QM18 (express to Manhattan), and Q54 buses. Commuter, walker and food lover's paradise next to ethnic restaurants, Ateaz organic coffee, Cookies and Cream pastry shop, Mikado, Hangar 11 burgers & bar, Alba's deli, Juice stop cafe, Tiki Tiki, Paul Michael's, Nabhya, Village diner, Jade, La Sala Tu Casa, C Italian Kew, Roast & Co, Baker's dozen, family owned groceries and pharmacies, shops, salons, spas, banks, UPS access points, Dunkin Donuts, 7-11, LIRR Kew Gardens station (Penn Station Manhattan 18 minutes!), cinemas, Urban Wellness Urgent Care, CVS pharmacy, animal hospital, post office, and the 538-acre Forest Park, barbeques, bridle paths for walking, biking, horseback riding, playgrounds, carousel, basketball, football, baseball, softball, tennis, bocce, handball, running track, roller skating, model airplanes, and a challenging par 67 golf course. Dog friendly areas, wifi spots, and the George Seuffert Sr. bandshell outdoor theather hosts free concerts throughout the warm season. Close to the Q24 bus, the E, F, J, Z subways, hospitals, police, fire stations and major junction of Queens Blvd, Van Wyck expressway, Grand Central & Jackie Robinson parkways. Around 15 minutes non rush hour drive to JFK and LaGuardia airports! Live-in super keeps the building immaculate and safe. Polished wood paneled lobby with compactors on every floor. Good street intersection and sign visibilty with a private entrance that is wheelchair accessible. Great foot and 15k+ daily car traffic! Parking garage with one space, laundry room, pet friendly and video security intercom to lobby. New carpeting, fresh paint and bathroom renovation. Two large receptionist areas, five rooms, kitchen, and three bathrooms (2 full and 1 half bathroom). $1,366 monthly HOA. $12,891 yearly taxes. Was occupied by a medical office for many years paying yearly gross rental income of $72k and yearly net income of around $37k @ 3.8% cap. For appointments, contact Diane Mi Chong at 718-640-4431. Sales agent at Hanmi Realty.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$694 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

118-82 Metropolitan Avenue #1B Medical Office

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

30,799 SF

STORIES

7

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,475 SF

ZONING

R7A

APN/PARCEL ID

03322-1012,03322-1029,03322-1039,03322-7501

ASK ABOUT THIS PROPERTY

Diane ChongHanmi Realty IncMore Info
718-640-4431

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Diane ChongHanmi Realty IncMore Info
718-640-4431

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