7009 Grand Ave - Retail FOR SALE


Maspeth, NY 11378
$1,600,000 USD
917-830-8888
7009 Grand Ave, Maspeth, NY for Sale
$1,600,000 USD
Retail - FOR SALE
1/1
null | 5% Cap Rate

7009 Grand Ave
Maspeth, NY 11378


HIGHLIGHTS

  • This is near the Long Island Expressway.

OVERVIEW

Prime Investment Opportunity - Can be combined with 7009 Grand Ave. Discover a lucrative investment, a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving mini market/grocery store, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand. With a gross opening income of $90,000, this property combines reliable cash flow with long-term appreciation potential. The mixed-use configuration provides a diversified income streams and an excellent hedge against marketing fluctuations. Don’t miss this chance to own a turnkey property in a sought-after location. Perfect for seasoned investors or those looking to grow their portfolio.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$1,404 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7009 Grand Ave, Maspeth, NY 11378

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,960 SF

ZONING

R6B, C1-2

APN/PARCEL ID

02503-0076

ASK ABOUT THIS PROPERTY

King LieXp RealtyMore Info
917-830-8888

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King LieXp RealtyMore Info
917-830-8888

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