4124 76th St - Retail FOR SALE


Elmhurst, NY 11373
$2,700,000 USD
865-722-5263
4124 76th St, Elmhurst, NY for Sale
$2,700,000 USD
Retail - FOR SALE
1/3
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NEW


4124 76th St
Elmhurst, NY 11373


HIGHLIGHTS

  • Two blocks to the Jackson Heights Roosevelt avenue major transit hub #7, E, F, M, R trains and city buses!
  • Significant net income development opportunity as a three unit mixed use property with a combined maximum facility FAR up to 12k square feet!
  • Versatile for retail, medical, office, apartments and community facility which can be combined to diversify and hedge risk.

OVERVIEW

Prime location off Broadway, Woodside, Roosevelt Avenue, Brooklyn Queens expressway and Queens boulevard! Great investment, rehab, land appreciation & development opportunity next door to 103 unit apartment buildings (52 units Executive Tower I + 51 units Executive Tower II). Two blocks to the Jackson Heights Roosevelt avenue major transit hub #7, E, F, M, R trains and Q32, Q33, Q47, Q49, Q53 SBS, Q70 SBS buses. Near former US Coast Guard Lieutenant, NY Supreme court Justice, Senator & President of the city council - Mr. Frank D. O'Connor playground, Elmhurst hospital & JH senior center, T-mobile, Subway restaurant, Starbucks, Wendy's, Kumon math reading, Chase bank, Money gram and PLS check cashers. Three family home of around 3,150 square feet not including the basement with potential as a versatile two family mixed use with a ground floor third unit & a full finished basement for community space such as houses of worship, seminaries, schools, day and adult care, non profit, medical, office or retail on a 4k sq ft lot (please consult with an architect). Max facility FAR up to 8k square feet! Adjacent 2k sq ft parking lot with an address of 41-28 76th street included with this sale which has a maximum facilty FAR up to 4k sq ft! Backyard two story three car garage was converted into additional storage with a second floor room that can be used as an office. Total of 11 reserved parking spots. Property to be delivered vacant at closing. Building class is S2 Primarily 2 Family With 1 Store Or Office. Zoning R5. Religious property tax exemption. Sold as is. Please do not disturb occupants. For appointments or questions, contact Diane Mi Chong at 718-640-4431 or michong2009@gmail.com. Real estate agent at Hanmi Realty.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$711 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

41-24 & 41-28 76th Street Elmhurst Mixed Use

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

R5

APN/PARCEL ID

01495-0046

ASK ABOUT THIS PROPERTY

Diane ChongHanmi Realty IncMore Info
865-722-5263

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Diane ChongHanmi Realty IncMore Info
865-722-5263

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