4505 Ditmars Blvd - Storefront Retail/Residential FOR SALE


Astoria, NY 11105
$2,100,000 USD
718-360-8817
4505 Ditmars Blvd, Astoria, NY for Sale
$2,100,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 5.94% Cap Rate

4505 Ditmars Blvd
Astoria, NY 11105


HIGHLIGHTS

  • Situated in the vibrant Astoria neighborhood
  • Walking distance to the N & W subway lines, providing convenient access to Manhattan and greater Queens
  • Surrounded by a dynamic mix of dining, retail, and residential developments

OVERVIEW

IPRG has been exclusively retained to sell 45-05 Ditmars Blvd, a mixed-use investment opportunity located in the heart of Astoria, Queens, between 45th and 46th Road. PROPERTY OVERVIEW: - Configuration: 2 Residential Apartments + 1 Ground-Floor Retail Space - Retail Lease: Tenant currently in Year 11 of a 15-Year Lease with 3% Annual Increases - Frontage: Strong visibility on Ditmars Blvd, a high-traffic commercial corridor LOCATION HIGHLIGHTS: -Situated in the vibrant Astoria neighborhood -Walking distance to the N & W subway lines, providing convenient access to Manhattan and greater Queens -Surrounded by a dynamic mix of dining, retail, and residential developments This property presents a stable income-producing asset with long-term upside in a sought-after Queens location.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$840 USD /SF

CAP RATE

5.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R4

APN/PARCEL ID

00771-0003

ASK ABOUT THIS PROPERTY

Tom ReynoldsInvestment Property Realty GroupMore Info
718-360-8817

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

Tom ReynoldsInvestment Property Realty GroupMore Info
718-360-8817

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