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.