Cooper Avenue Queens, NY 11385

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Cooper Avenue Queens, NY 11385

$1,575,000.00

  • Two mixed-use buildings consisting of 2 commercial units and 2 residential units in the Ridgewood, Queens.
  • Built 5,000 Sq. Ft.
  • Retail tenants pay their own water.
  • Retail tenants have 3% annual escalations.
  • The Dance Studio pays their own gas & electric.
  • Price ~ $1,575,000
  • Cap Rate ~ 5%
  • GRM ~ 14.1

Details

  • Two mixed-use buildings consisting of 2 commercial units and 2 residential units in the Ridgewood, Queens.
  • Built 5,000 Sq. Ft.
  • Retail tenants pay their own water.
  • Retail tenants have 3% annual escalations.
  • The Dance Studio pays their own gas & electric.
  • Price ~ $1,575,000
  • Cap Rate ~ 5%
  • GRM ~ 14.1

Additional Information

Asset Type

Mixed-Use

City

Queens

Neighborhood

Ridgewood

Broker

Yuriy Ustoyev

Price

$1,575,000

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    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com