4104 27th Street Unit #S1, Long Island City, NY 11101

$1,835,000

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List Price
$1,835,000
Days on Market
11
MLS#
1027684
Status
ACTIVE
Property Type
Retail
Year Built
2015
Property Tax
$3,036
School District
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Property Description

Prime retail investment opportunity in the heart of Long Island City. Approximately 1,468 SF ground-floor retail condominium with strong street visibility and stable bakery tenant in place. Current annual rent of $91,842 with lease secured through October 2031. Benefit from ICAP tax abatement, resulting in exceptionally low real estate taxes and attractive cash flow. Conveniently located within walking distance to E, F, M, R, and 7 subway lines. Ideal for investors seeking long-term income in one of NYC's fastest-growing neighborhoods.

Additional Information

Acres
0.11
Heating
Electric
Cooling
Central Air
Water
Other
Sewer
Other

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Yiwen Zhu (yvonne.zhuyiwen@gmail.com) from Listing Office: B Square Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.