+44 20 3608 1267
Commrecial condominium in Queens with a 7% yield

Photos available on request

Commrecial condominium in Queens with a 7% yield

4,959,000 €
Submit request
Total area: 1,330 m² Profitability: 7.0 %
  • Absolute return: 338,992 €
  • 3-floor building
  • Renter: 100 %
  • Number of parking lots: 9
  • Total premises: 11

The subject property is a community facility condo located on the sublevel of a residential condo building in Queens, NYC.


The condo has eleven 11 suites with total area of 1,330 m².

The offer includes 9 outdoor parking spaces near the house.

Property is in good overall condition, the current owner is proceeding with plans for an elevator in the front of the parking lot for street level access, and the installation of windows for the perimeter of the condo and main hallways.

All apartments and parking spaces are leased out.

Financial performance

Absolute income is 380,890 $.

The current yield of 7%.


It is situated in one of the most highly desirable residential neighborhood in Queens with an abundance of shopping, dining, and other amenities

The building is located in proximity to the Kew Gardens LIRR station, numerous subway and bus lines.

Similar listings

We are looking for similar ads

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in New York City
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%