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83-17 Broadway
Elmhurst, NY 11373

$6,950,000 USD

Storefront Retail Residential For Sale  •  9,200 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 9,200 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 4.54 %
  • Tenancy Multiple
  • Zoning R7A
100 Transit Score
98 Walk Score

Highlights

Built 2006
Mint Condition
2 Blocks to Subway
Near All conveniences
Totally Free of NYC Repair Regulations since the building is only 18 years old

Property Flyers

Financial Summary (Actual)

Net Operating Income: $315,365 USD (2023)
Cap Rate: 4.54 %

Major Tenants

Tenant SF Occupied Lease End Date
Nangma Restaurant & Bar 8,000 SF

Amenities

  • Tenant Controlled HVAC
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 3 min - 1.4 mi
Mets-Willets Point Station (Port Washington Branch - Long Island Rail Road) 9 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Elmhurst Avenue (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 0 min 2 min 0.1 mi
Grand Avenue-Newtown (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 0 min 6 min 0.3 mi
82 Street-Jackson Heights (7 - New York MTA Subway (The Subway)) 2 min 12 min 0.6 mi
90 Street-Elmhurst Avenue (7 - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
Woodhaven Boulevard (E,G,R Line) (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
Laguardia 9 min - 2.9 mi
John F Kennedy International 16 min - 11.0 mi
Newark Liberty International 33 min - 20.7 mi
Victor Weinberger 917-806-7040 Victor Weinberger of REMAX Team
Victor Weinberger 917-806-7040 Victor Weinberger of REMAX Team