NY
Queens
Broad Channel
11693
18-02 Cross Bay Boulevard 3
18-02 Cross Bay Boulevard 3, Broad Channel, NY 11693
Listing Type
commercial/industrial
Listing Status
pending
31
$925,000

Home Details for 18-02 Cross Bay Boulevard 3

Price
$925,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1966
Lot size acres
0.22
County
Queens
Garage
Days on site
30
MLS Listing#
3462336
Listing courtesy: All Island Estates Realty Corp - 516-783-5600
Property Description

Calling All Investors, Developers & End-Users!!! 18.41 Cap Restaurant / Bar Mixed Use Building On 9,500 Sqft. Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, 18 Parking Spaces, Strong R34 Zoning, Parking Lot, High 10' Ceilings, 4 Br. Apartment, Backyard, Deck, Garage, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Broad Channel Minutes From The Cross Bay Bridge & Rockaway Beach!!! Neighbors Include Starbucks, Verizon, Chase Bank, Western Union, Stop & Shop, Dunkin', Mobil, Walgreens, YMCA, Key Food, Popeye's, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property / Home For Your Business!!! Income: Restaurant / Bar: $96,000 Ann. (Available) 4 Br. Apartment: $48,000 Ann. M-M. Garage: $13,800 Ann. (Available) Yard: $21,600 Ann. (Available) Gross Income: $179,400 Ann. Expenses: Propane: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Insurance: $2,600 Ann. Taxes: $1,635 Ann. Total Expenses: $4,485 Ann. Net Operating Income (NOI): $174,915 Ann. (Pro Forma 18.41 Cap!!!)

Property Features
    . Presented by: Richard Matt Shane
    Listings courtesy of OneKey MLS. IDX information is provided exclusively for consumers personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but not guaranteed accurate by the MLS.
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    EXIT REALTY CENTRAL
    106-14 Rockaway Blvd., Ozone Park, NY 11417
    Office
    718 848 5900
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