CORNER 4 FAMILY MIXED USE IN LONG ISLAND CITY Rare opportunity – high cash flowing income property in the heart of Long Island City. Projected Cap Rate is 8-9%. 1st Floor: (2,500sqft) Commercial Space -14feet ceiling+(1250sq ft Basement: 9 feet ceiling) Market Rent $12,000/m 2nd Floor:10 feet ceiling, 2 units, 2 bedroom Apartment. FREE MARKET 3rd Floor- 2 bedroom Apartments on each floor, Free Market 4 Car Garage Property tax: 27,590/year. Insurance: $4000/year. Lot: 25’ by 100’. Every unit has own meter for gas and electric. 4 years old boiler. Convenient location