18413 140th Ave - Multi-Family FOR SALE


Springfield Gardens, NY 11413
$1,040,000 USD
914-374-1896
18413 140th Ave, Springfield Gardens, NY for Sale
$1,040,000 USD
Multi-Family - FOR SALE
1/14
null | 6.5% Cap Rate

18413 140th Ave
Springfield Gardens, NY 11413


OVERVIEW

Mixed-Use Investment Property in Springfield Gardens, NY 11413 – Fully Rented Excellent investment opportunity in the heart of Springfield Gardens! This well- maintained mixed-use property features a ground-floor deli with strong neighborhood visibility, plus a renovated three-bedroom residential apartment above—both fully leased with reliable tenants in place. The commercial space operates as a deli and benefits from steady foot traffic, established local clientele, and long-standing community presence. The updated 3- bedroom apartment offers modern finishes, spacious rooms, and solid rental income, making this an attractive, turn-key investment. Located near major thoroughfares, schools, public transportation, and local conveniences, this property provides stable cash flow and long-term growth potential in a highly desirable Queens neighborhood. Perfect for investors seeking a hands-off, income-producing asset from day one. The property is also being offered for sale together with profitable business for a total price of $1,198,000. Subject to E&O.

FOR SALE DETAILS

PRICE

$1,040,000 USD

PRICE/SF

$573 USD /SF

# OF UNITS

2

PRICE/UNIT

$520,000

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Use High Income

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3-1, C3-1

APN/PARCEL ID

13022-0117

ASK ABOUT THIS PROPERTY

Halyna ChyrvaEquity Essentials LLCMore Info
914-374-1896

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

Halyna ChyrvaEquity Essentials LLCMore Info
914-374-1896

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