24502 S Conduit Ave - Storefront Retail/Residential FOR SALE


Rosedale, NY 11422
$950,000 USD
212-660-7739
24502 S Conduit Ave, Rosedale, NY for Sale
$950,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | Request Cap Rate

NEW


24502 S Conduit Ave
Rosedale, NY 11422


OVERVIEW

Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 245-02 South Conduit Avenue, a mixed-use property located in Southeast Queens. The property sits on a 3,520-square-foot lot and is improved by a two-story, mixed-use building totaling approximately 3,000 square feet above grade. The structure features two residential apartments positioned above two ground-floor retail units, offering a versatile configuration suitable for both investors and owner-users. Additionally the entire building will be delivered vacant, allowing future ownership complete flexibility to renovate, reposition, and re-lease the asset according to their investment goals. The asset is also further enhanced by on-site parking. Strategically located along South Conduit Avenue, one of the primary corridors serving JFK Airport and linking to the Belt Parkway, the property benefits from exceptional visibility, strong vehicular traffic, and proximity to numerous neighborhood amenities. This location positions the building as an ideal candidate for long-term hold, value-add execution, or owner-operator use. This offering presents a rare opportunity to acquire a fully vacant, well-configured mixed-use asset in a high-demand Queens submarket with meaningful upside potential. Please direct all inquiries to Cushman & Wakefield.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,520 SF

ZONING

R3-2

APN/PARCEL ID

13614-0012

ASK ABOUT THIS PROPERTY

Josh NeustadterCushman & WakefieldMore Info
212-660-7739

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Josh NeustadterCushman & WakefieldMore Info
212-660-7739

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