Farmers Blvd Mix Use Package Retail FOR SALE


Saint Albans, NY
$3,850,000 USD
917-943-0898
, Saint Albans, NY for Sale
$3,850,000 USD
Retail - FOR SALE
1/8
null | 7.01% Cap Rate

Farmers Blvd Mix Use Package
Saint Albans, NY


HIGHLIGHTS

  • Excellent location
  • Growth potential
  • Investment

OVERVIEW

Outstanding opportunity to acquire three mixed-use buildings as a package or individualy located along the vibrant Farmers Boulevard corridor in Saint Albans, Queens. Each property features a commercial storefront on the ground level with residential apartments above, offering a balanced mix of retail and residential income streams. Together, these assets deliver strong cash flow, stable tenancy, and attractive long-term upside in a rapidly improving neighborhood. Combined, the properties generate an estimated gross annual income of $293,256, with modest operating expenses of approximately $23,300 per year, resulting in a net income of about $270,000 annually. Each building is individually metered and well maintained, making this a low-maintenance portfolio ideal for investors seeking dependable returns and diversified tenant exposure.

ASK ABOUT THIS PROPERTY

Brian MannieRixel Real Estate IncMore Info
917-943-0898

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Brian MannieRixel Real Estate IncMore Info
917-943-0898

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