Queens, NY 11378,7009 Grand AVE
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$ 1,590,000
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7009 Grand AVE Queens, NY 11378


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Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 495489

Annual Tax Amount $9,437

Property Sub-Type Mixed Use

Property Description

A 2-story mixed-use building perfectly situated in a high-traffic location.

This property features:

Ground Floor: Fully leased to a thriving restaurant, providing stable income from a NNN tenant.

Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand.

With a gross operating income of $90,000, this property combines reliable cash flow with long-term appreciation potential.
The mixed-use configuration provides a diversified income streams and an excellent hedge against marketing fluctuations.

7007 Grand Avenue is also for sale and can be a package deal.

Location

State NY

County Queens

Area Maspeth

Rooms

Basement Semi-Finished

Interior

Interior Features None

Hot Water Electric

Heating Gas

Flooring Other

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Asphalt/Tar

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage


Listed by eXp Realty BKNY
Triolo Realty Group Inc.

Triolo Realty Group Inc.

Broker

+1(718) 844-5414

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7009 Grand AVE