Ozone Park, NY 11417,101-02~06 Liberty AVE

$2,900,000

$3,390,000

14.5%
Est.Price: ?

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Est. payment /mo

0.26 Acres Lot


SOLD DATE : 05/01/2024

Key Details

Sold Price $2,900,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3457996

Sold Date 05/01/24

Originating Board onekey

Rental Info No

Lot Size 0.260 Acres

Acres 0.26

Property Description

Two tenants currently occupy the building, a laundromat and the United Adult Day Care inc. The purchase of the property will include the laundromat business, The laundromat has been running for 13 years, and has 150 European laundry machines made by the brand Huebsch?, that's over $300,000 worth of equipment. Before COVID-19 & restrictions, the business was making over $600K annual. But because of the owner not being present, the business gross was lowered. The Adult Day Care inc. - senior center - currently occupies 4033 SF of a recently remodeled office space which features private offices, two multi unit bathrooms, a handicap bathroom, yoga room, kitchen area, open area, and 5 exits. They are currently on a lease that ends in 2028, with a rent of $5150 monthly, with 3% annual plus the tax increase from 2019, total annual income received is approx. $62,834.55. Tenant also contributes to all utilities

Location

State NY

County Queens

Interior

Fireplace No

Schools

School District Queens 27

Others

Special Listing Condition None

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Listed by Douglas Elliman Real Estate • 516-205-2279
Bought with Douglas Elliman Real Estate

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Brian Driscoll

Associate Broker | License ID: 10301222585

+1(917) 750-5607

477 Madison Ave., Ste 636., York, NY, 10022, United States

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