Description
Great investment property on prime Metropolitan Ave. In Middle Village Queens.This mixed used building consists of one 2500 square-foot Storefront currently leased to a nail salon. Rent is $3786 per month ,April 1st. goes up to $3,786.Lease expires March 21, 2027 with no option to renew, storefront has a 5 ton HVAC system for heating and air conditioning. There is a five room apartment. Current rent is 1850 per month. This property is great for 1031 tax exchange.Close proximity to M - train station and numerous buses. Major highways. Metropolitan Ave. is bustling with supermarkets, restaurants, pharmacies, doctors, etc..
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0.06ACRES
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01/2 BATHS
School Ratings & Info
Description
Great investment property on prime Metropolitan Ave. In Middle Village Queens.This mixed used building consists of one 2500 square-foot Storefront currently leased to a nail salon. Rent is $3786 per month ,April 1st. goes up to $3,786.Lease expires March 21, 2027 with no option to renew, storefront has a 5 ton HVAC system for heating and air conditioning. There is a five room apartment. Current rent is 1850 per month. This property is great for 1031 tax exchange.Close proximity to M - train station and numerous buses. Major highways. Metropolitan Ave. is bustling with supermarkets, restaurants, pharmacies, doctors, etc..
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