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4318 Greenpoint Avenue
Apartment #*
$1,980,000 Price
2 Bedrooms   1.0 Bath
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4318 Greenpoint Avenue,

Investment Opportunity in Thriving Sunnyside Ground Floor: Large flexible commercial space This ground floor in a city area is ideal for a variety of businesses, including a retail store, restaurant, lawyers office, or dry-clean store. Top Floor: Two spacious one-bedroom apartments Modern renovations with private kitchens...

Investment Opportunity in Thriving Sunnyside Ground Floor: Large flexible commercial space This ground floor in a city area is ideal for a variety of businesses, including a retail store, restaurant, lawyers office, or dry-clean store. Top Floor: Two spacious one-bedroom apartments Modern renovations with private kitchens and bathrooms Potential for strong rental income Full Basement: Fully furnished with ample storage space Ideal for inventory, equipment, or additional income potential Additional Highlights: Building size: 2,200 SF Building class: C Year built/renovated: 1925/2019 Price: $1,980,000 Price per SF: $900 Cap rate: 7% NOI: $138,600 Percent leased: Vacant (will be delivered vacant) Location: 3 blocks from Queens Blvd and 7 Train Prime Location: Situated on a vibrant stretch of Greenpoint Ave, this property benefits from high foot traffic and convenient access to public transportation. The 7 train at Queens Blvd is just a short walk away, providing easy connections to Manhattan and beyond. The surrounding neighborhood is a dynamic mix of residential, retail, and commercial establishments, ensuring a steady stream of potential customers or tenants. Investment Potential: With its flexible layout, strong rental income potential, and prime location, 4318 Greenpoint Ave presents a compelling investment opportunity for savvy buyers. Whether youre looking for a retail space to launch your business, rental apartments to generate passive income, or a combination of both, this property has something to offer. INVESTMENT HIGHLIGHTS Will be Delivered Vacant Newly Renovated Apartment Units 3 Blocks from Queens Blvd and 7 Train This mixed-use gem in Sunnyside, Queens offers a prime location, versatile layout, and strong income potential. 4318 Greenpoint Ave boasts a charming storefront on the ground floor, perfect for a variety of retail or office uses. Above, two newly renovated one-bedroom apartments provide attractive residential options, each with its own private kitchen and bathroom. Dont miss out on this chance to own a piece of thriving Sunnyside. Contact us today to schedule a viewing!

Courtesy of Serene Powers Real Estate LLC

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details


Type:
Price: $1,980,000
Last Updated: 4/23/2024
Web ID: 1058388973

Info & Amenities

Rooms: 4.0
Bedrooms: 2
Bathrooms: 1.0
Pets allowed: Yes

Map of Area for 4318 Greenpoint Avenue

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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