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    8748 78th St

    Woodhaven, NY 11421
    • $2,088,550
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 3263746
    $2,088,550
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Historical landmark building for sale !This property, located at a convenient location, is definitely worth investing in due to its high return investment opportunity of above 6% Cap. It is located in the heart of Woodhaven and contains 5 Commercial units along with 2 Residential units. Ten thousand feet in total. It will allow investors to earn passive income: tenants pay for their own utilities expenses (commercial tenants pay for their own utilities and residential tenants pay for electricity/gas). Most importantly, the corner bar, Neir's Tavern, featured in numerous films/shows such as "GoodFellas", "Tower Heist", and "New York Originals". It's the oldest bar in the entire United States, so it contains hundreds of years of history and story. Don't miss out on this investment because it'll definitely be worth it!

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2021-01-21T00:16:34.813.
    www.signaturepremierhomesearch.com/homes/111298833
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    8748 78th St Woodhaven, NY 11421

    • Price: $2,088,550
    • Status: Active
    • MLS #: 3263746
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    Queens
    County:
    Queens
    Area:
    Queens
    Property Description
    Historical landmark building for sale !This property, located at a convenient location, is definitely worth investing in due to its high return investment opportunity of above 6% Cap. It is located in the heart of Woodhaven and contains 5 Commercial units along with 2 Residential units. Ten thousand feet in total. It will allow investors to earn passive income: tenants pay for their own utilities expenses (commercial tenants pay for their own utilities and residential tenants pay for electricity/gas). Most importantly, the corner bar, Neir's Tavern, featured in numerous films/shows such as "GoodFellas", "Tower Heist", and "New York Originals". It's the oldest bar in the entire United States, so it contains hundreds of years of history and story. Don't miss out on this investment because it'll definitely be worth it!
    Exterior Features

    Building Size 10000

    Interior Features

    Ceiling Height 0

    Property Features

    Business Type Mixed Gross Income 172800.00 Net Operating Income 131556.00 Operating Expense 41244.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Zoning Description R3-1

    Listing courtesy of Jiangwei Zhou of Prospes Real Estate Corp.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2021-01-21T00:16:34.813.
     
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