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: 127 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. Net Operating Income - $630,199 CAP Rate - 4.2% - 1 Commercial Unit - 19 Residential Units - 14 One Bedroom Apts - 5 Studio Apts - Garage/warehouse - All units have private outdoor space - Radiant heating throughout entire building including sidewalk - American-made Hollister-Whitney elevator goes from basement to rooftop - All utilities submetered including water - Veissman boilers - Mitsubishi split units - Superintendent storage rooms in basement and roof level - Mechanical rooms on each floor - 20 3'x7'x8' lockable storage cages in basement - Laundry room - Fully equipped gym - Trash Compactor - 50 year Kemper roof - 50 security cameras throughout property - Video intercom - Pella windows - Spray foam insulated - Key fob entry - 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

    11101 (Queens) Demographics

    36Median Age
    10,179Population Density (per sq. mile)
    48%College Educated
    $51,964Estimated Median Income
    2,039Estimated Total Home Owners
    9,995Estimated Total Renters
    17% / 83%Estimated Owner / Renter Divide
    1Estimated Average Household Size
    26,505Total Population

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    25 New On Market

    Average Days on Market

      Properties for Sale

        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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