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230-02 Conduit Avenue S Springfield Gardens, NY 11413
$988,000
  • Commercial
  • Year Built 1933
  • Retail
  • ML# 802378

Property Details

Overview

Calling All Investors, Developers & End-Users!!! 1, 800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1, 800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America.Income:Deli (1, 800 Sqft. + 1, 800 Sqft. LL): $52, 800 Ann.; Lease Exp.: 11/1/2029.Verizon Tower: $24, 000 Ann.; Lease Exp.: 2053.2 Parking Spaces (Landscaper): $6, 000 Ann. M-M.Gross Income: $82, 800 Ann. Expenses:Gas: $0Electric: $0 Water & Sewer: $700 Ann.Maintenance & Repairs: $250 Ann.Insurance: $2, 803 Ann.Taxes: $17, 579.76 Ann. Total Expenses: $21.332.76 Ann.Net Operating Income (NOI): $61, 467.24 Ann.

Key Facts

  • Lot Sq Ft: 3634
  • Taxes: $17,580
  • Sale or Rent: Sale
  • Zoning: R4B
  • Block: 13514
  • Lot: 0001

Additional Features

  • Construction Materials: Brick, Frame
  • Parking Spaces: Yes
  • Parking Spaces: 2
  • Stories: 1

Interior & Utilities

  • Heat: Electric
  • A/C: Individual Units
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $17,580
Listing Information provided courtesy of All Island Estates Realty Corp  516-783-5600
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Jeanne Posillico Leonard

Jeanne Posillico Leonard

Licensed Associate Broker

Direct: 631.692.9298 Email: