Springfield Gardens, NY 11413 230-02 Conduit Avenue S
$988,000



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Home Details
Calling All Investors, Developers & End-Users!!! 1,800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1,800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America.
Income:Deli (1,800 Sqft. + 1,800 Sqft. LL): $52,800 Ann.; Lease Exp.: 11/1/2029.Verizon Tower: $24,000 Ann.; Lease Exp.: 2053.2 Parking Spaces (Landscaper): $6,000 Ann. M-M.Gross Income: $82,800 Ann.Expenses:Gas: $0Electric: $0Water & Sewer: $700 Ann.Maintenance & Repairs: $250 Ann.Insurance: $2,803 Ann.Taxes: $17,579.76 Ann.Total Expenses: $21.332.76 Ann.Net Operating Income (NOI): $61,467.24 Ann.
Interior Features for 230-02 Conduit Avenue S
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General for 230-02 Conduit Avenue S
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Gregory Berkowitz
Licensed Real Estate Salesperson