- Hotel development site with approved plans
- Represented both buyer and seller
38-60 11th St, Long Island City, NY 11101
Additional Information
| City | Queens |
|---|---|
| Broker | Mark Akilov, Yuriy Ustoyev |
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- Multi-Family building consisting of 6 units
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Remarks at Closing:
- Closed for 6.5% CAP
- 5 Tenant Retail Strip Center with parking
- Adjacent lot for development of up to 13,000 SQFT
- All Tenants have annual rental increases
- Affluent high income area
- Tenants reimburse for taxes and CAM
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- Multi-family building consisting of 6 units
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