158-15 Union Turnpike 1A,1B,1D, Fresh Meadows, NY 11366
Queens County
Key Facts
Description
Presenting three retail storefront units (1A, 1B, 1D) totaling 15,308 SqFt in a young, well-maintained condo building. This offering includes 20 indoor parking spaces and is located on the ground floor, providing high visibility and excellent foot traffic in a prime Fresh Meadows location. Unit 1A is fully leased, while Units 1B and 1D are currently vacant, offering immediate occupancy potential or new leasing opportunities. With R5D zoning, these units allow for a variety of uses, including retail, office, community facility, and more, making it a versatile investment. With all three units leased, this property offers the potential for a cap rate of 10%+, providing strong returns and long-term growth in a high-demand area. Don’t miss out on this exceptional real estate opportunity!
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2018
Living Area
15,308 sq ft
Lot Size
21,311 sq ft
Parking Spaces
20
Days on Market
302
MLS® Listing#
893552
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$37,066
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$1,198,000
Estimated monthly payment
$31,881/mo
Principal $4,792,000 · Est. interest $6,685,266 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fresh Meadows, NY
- $1,000,000
- Median Listing Price
- 58
- Median Days on Market
- 1,308
- Median Sq Ft
- $750
- Median Price / Sq Ft
- 102
- Active Listings
- This home’s price is 499% above the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fresh Meadows, NY.
Location
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EXIT Agents in Fresh Meadows
Listing Courtesy: Keller Williams Rlty Landmark - 7184752700
Presented by: Annie Hsu
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