25-10 38th Avenue $14,980,000

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    25-10 38th Avenue Queens, NY 11101

    • Commercial
    MLS# OLRS-0074568 | Active

    $14,980,000

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    Days On Market: 66 0 Views
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    Property Details

    Compass is excited to offer a new-construction, mixed-use, investment property in the Dutch Kills section of Long Island City. <br> <br> Net Operating Income - $630,199 <br> CAP Rate - 4.2% <br> <br> - 1 Commercial Unit <br> - 19 Residential Units <br> - 14 One Bedroom Apts <br> - 5 Studio Apts <br> - Garage/warehouse <br> - All units have private outdoor space <br> - Radiant heating throughout entire building including sidewalk <br> - American-made Hollister-Whitney elevator goes from basement to rooftop <br> - All utilities submetered including water <br> - Veissman boilers <br> - Mitsubishi split units <br> - Superintendent storage rooms in basement and roof level <br> - Mechanical rooms on each floor <br> - 20 3'x7'x8' lockable storage cages in basement <br> - Laundry room <br> - Fully equipped gym <br> - Trash Compactor <br> - 50 year Kemper roof <br> - 50 security cameras throughout property <br> - Video intercom <br> - Pella windows <br> - Spray foam insulated <br> - Key fob entry <br> - Wall hung toilets

    • General Features
      • Sale Or Rent Building for Sale
      • Subdivision Long Island City
      • County Queens
      • Ownership Income property
      • Year Built 2015
    • Building Features
      • Air Conditioning Type Unknown Type
      • Air Conditioning Type1 Unknown Type
      • Block 387
      • Borough Queens
      • Building Access Elevator
      • Age Post-war
      • Type Low-Rise
      • Built Size 41' wide
      • Elevator True
      • Amenities Laundry Room;
      • Courtyard False
      • Fitness Facility False
      • Garage False
      • Garden False
      • Green Building False
      • Laundry Room True
      • New Development False
      • Pool False
      • Number of Rooms 12
      • Terrace False
      • Roof Deck False
      • Floor Count 7
      • Number of Commercial Units 0
      • Number of Professional Units 0
      • Service Level Video Intercom
      • Balcony True
      • Patio False
      • Private Garden False
    • Property Features
      • Lot Size 41'x100'

    Contact

    Hugo Salazar

    Real Estate Broker, Owner

    RE/MAX Real Estate Professionals

    Office: 718-532-2000

    Neighborhood

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    Market Last 30 Days

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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $14,980,000
    11/14/2018 3:23:00 PM New in Database Source

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