7608 21st Ave - Retail FOR SALE


East Elmhurst, NY 11370
$5,500,000 USD
925-285-3075
7608 21st Ave, East Elmhurst, NY for Sale
$5,500,000 USD
Retail - FOR SALE
1/18
null | Request Cap Rate

7608 21st Ave
East Elmhurst, NY 11370


HIGHLIGHTS

  • Prime Location: Located in heart of Astoria Heights
  • Includes renovated spaces for a laundromat, restaurant/bar, deli, party hall, and social club
  • Can be delivered fully vacant
  • Large utility capacities (6 inches)
  • Turn key property

OVERVIEW

Explore an exceptional investment opportunity at 76-02 21st Ave in Astoria Heights, NY 11370. This expansive 8,492 square foot corner property features newly renovated retail spaces and offers the flexibility for the buyer to have the entire building delivered vacant upon sale. The property includes a diverse array of establishments, such as: • Laundromat: Recently upgraded with modern amenities to cater to local needs. • Restaurant/Bar: Complete with a full liquor license, perfect for dining and entertainment. • Deli: A convenient stop for quick meals, serving the community with efficiency. • Party Hall: Ideal for hosting events and gatherings, and enhancing community engagement. • Social Club: A hub for social interactions and member benefits, adding community value. Located in Astoria Heights, known for its accessibility and cultural diversity, this property promises not only steady rental income but also substantial potential for growth. The option to have the entire building delivered vacant offers unparalleled flexibility for an end user or repositioning. Don't miss this rare opportunity to acquire a cornerstone of Astoria Heights' commercial landscape.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$648 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Corner Commercial Property for Sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,492 SF

ZONING

R 4 , C 1 - 2

APN/PARCEL ID

00972-0001

ASK ABOUT THIS PROPERTY

Faisal GilaniNY Space FindersMore Info
925-285-3075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Faisal GilaniNY Space FindersMore Info
925-285-3075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.