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About the Listing CRIF03 - 9055692
Exceptional income-producing mixed-use property located in the highly desirable Glendale section of Queens. This versatile asset features a strong mix of commercial and residential units, offering both immediate cash flow and value-add potential. The commercial component includes an approx. 400 s/f fully operational restaurant currently utilized as a ghost kitchen leased at $4,180/month, Approx. 650 s/f separate office building delivered vacant and ideal for owner-use or lease-up project rent is $2,800/month, 3 garages each rented at $300/month, An additional driveway with rear oversized 2 vehicle garage space leased for $1,500/month lease expires January 2027. The residential portion consists of three units: ALL UNITS WILL BE DELIVERED VOT 1R-Eat-in kitchen, living room/dining area, three bedrooms, and one full bathroom. 2R-Spacious 3-bedroom duplex 2F-Eik, Lr, 2 bedrooms and 1 full bathroom. Tenants are responsible for their own cooking gas and electric, helping to minimize owner expenses. The property is equipped with gas heating and full basements. Annual Expenses: Taxes: 35,607 Insurance: $8,934 Fuel: $10,000 Water: $5,000 This property presents a rare opportunity for investors or end-users seeking a stable, diversified income stream with upside potential. Conveniently located near major transportation, shopping, and local amenities. Don’t miss the chance to own a prime mixed-use building in a thriving Queens neighborhood.
Listing Highlights for 75-01 88th St
Interior Details
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 11
- Roof:
- Others: Renovated
- Sewer: Public Sewer
- Parking Features: Assigned,Driveway,Garage,Off Street
Financial Details
- Tax Amount: $35,607
- Taxes w/Assessments: N/A
- Tax/Property ID: 03856-0159
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
75-01 88th St Glendale, NY 11385
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