Active

87-48 78th Street

Woodhaven NY, 11421

$2,690,000


Active

Commercial

Built in 1930

Historical Landmark Building for sale! This property, located at a convenient location, is definitely worth investing in due to its high return investment opportunity of above 7%Cap. There is a vacant 2 Apartment, with high income!,All It is located in the heart of Woodhaven and contains 5 Commercial units along with 2 Residential units. Ten thousand feet in total. It will allow investors to earn passive income: tenants pay for their own utilities expenses (commercial tenants pay for their own utilities and residential tenants pay for electricity/gas). Most importantly, the corner bar, Neir's Tavern, featured in numerous films/shows such as "GoodFellas", "Tower Heist", and "New York Originals". It's the oldest bar in the entire United States, so it contains hundreds of years of history and story. Don't miss out on this investment Monthly income 25,000 because it'll definitely be worth it!

3510211

MLS ID

October 12, 2023

Listed

May 9, 2024

Updated

Map

87-48 78th Street
Woodhaven NY, 11421

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres

Other Property Details

Taxes

$32,400


Tax Frequency

Annually


Garage

No


View

No


County

Queens


Municipality

Queens


Pool

No

Listed by Xiao H Chen Xueqin Xie with E Realty International Corp
Listing Contact: 718-886-8110 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zakinova Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 8:31 AM UTC, 5/9/2024

  

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