ML# :3581521 Investment Opportunity with Stable Income and Upside Potential This well-maintained mixed-use property in Yonkers, New York, offers a unique opportunity for an investor seeking both residential and commercial income streams. The property consists of two spacious three-bedroom apartments and a ground-floor deli, along with a leased garage. It is located in a desirable area with strong demand from both residential and commercial tenants. Property Breakdown: Residential Units: Second Floor: Section 8 program tenant paying $2, 002 per month, providing guaranteed rental income. Third Floor: Month-to-month tenant paying $1, 950 per month, allowing flexibility for future rental increases or repositioning. Commercial Unit (Ground-Floor Deli): Commercial tenant paying $3, 600 per month with eight years remaining on a 10-year lease. The lease includes a 6% annual rent increase, ensuring growing income. This tenant provides a reliable income stream with long-term stability. Garage: Leased at $1, 210 per month, adding an additional revenue source to the property. Financial Overview: Total Monthly Gross Income: $8, 762 Total Annual Gross Income: $105, 144 Expenses: Taxes: $11, 028.66 annually Heating and Electric Bills: $12, 000 annually Water Expenses: $1, 200 annually Recent Improvements: The roof was replaced in 2024 and is insured for 15 years, reducing future capital expenditures. Net Operating Income (NOI): With total annual expenses of $24, 228.66, the property generates a net operating income (NOI) of approximately $80, 915.34. Summary: This Yonkers mixed-use property presents a balanced combination of residential and commercial tenants, guaranteed income from a Section 8 lease, and a long-term commercial tenant with built-in rent escalations. With minimal deferred maintenance due to recent roof work and manageable expenses, this asset is positioned to provide solid returns and potential upside through rental increases. For investors seeking a well-located property with diverse income streams, this is a compelling opportunity to add a high-performing asset to your portfolio., Additional information: Business Located At:111 beech st, vac_perc:0
111 Beech Street, Yonkers, NY, 10701
ML# :3581485 This is an excellent investment opportunity featuring two prime lots in Long Beach. The first property, located at 457 Long Beach Blvd, is a commercial lot spanning 8, 850 square feet with 4, 550 square feet of interior space. It currently houses a successful automotive business that is operating under a lease, generating steady rental income. The second property, at 163 E. Chester, is a 6, 000-square-foot commercial and possible residential lot that is currently vacant, offering a great opportunity for development. Both properties present significant upside potential. The commercial lot already produces income with its established business, offering a low-risk investment, while the empty lot provides immense flexibility for new development. These properties are situated in a growing area with great exposure and accessibility, making them attractive for long-term appreciation and future income generation. Investors can take advantage of the existing revenue stream while also planning for new developments to further maximize the potential of these properties.
457 Long Beach Boulevard, Long Beach, NY, 11561
ML# :3581444 Welcome to Broadway 37, a 27 unit luxury rental building completed in 2017. This well-maintained brick building, perfectly situated just off Broadway, offers an ideal investment for those seeking a prime location and high rental potential. With its proximity to two subway lines (M/R & N/W), tenants will enjoy easy access to transportation, making this property highly desirable. The building features an elevator for added convenience, along with garage parking, a rare find in the city. Additionally, a laundry room and storage units enhance the building’s appeal and value. Outdoor amenities include a fenced-in backyard with landscaping and two BBQs, providing a private outdoor space for tenants to enjoy. The furnished roof deck offers panoramic views, adding to the building’s allure. Consisting of one to three-bedroom units, each designed with luxury finishes and modern amenities, this building offers a lucrative investment opportunity. Two penthouse units add prestige and premium rental income potential. There is a 15 year tax abatement in place.
31-77 37th Street, Astoria, NY, 11103
ML# :3581385 Prime Location/Huge Lot Size!! ***Potential Development Site for Approximately 8000 Sq Ft Building*** Currently Being Used as Medical/Professional Office Building with Loads of Potential for Expansion or Drive-Thru, Retail/Physical Therapy/Surgery Center/Imaging Center or Other Medical Use as this is Around the Corner from NUMC Hospital and NYU Langone Medical Centerl!!! Also Great For Contractors Office/Lot/Showroom/Sales Center with Plenty of Room for Material Storage and/or Parking on Site!!! 20, 000 Sq Ft Lot (1/2 Acre) with 1-Story Brick Building Approx 2625 FT. Corner Property With 16+ Parking Spaces & 3 Curb-Cuts plus Street Parking!! 9’ Ceilings. 18 x12 Waiting Room, 7-Exam Room/Offices All w/Sinks (1 Has X-Ray Lead Wall) also a Large Secretary & Staff Area w/ Kitchen, 2-Baths (1- Handicap Accessible). Excellent Potential For Any Business as this Location offers Excellent High Traffic Street Exposure, Corner Signage, Plenty of Parking & Storage Space on Site!! Floorpan & Survey Available Upon Request!! (Also Available for Lease if Preferred)
East Meadow NY, 11554
ML# :3581224 Totally renovated mixed-use building with central air, situated 1 block west off Woodhaven Blvd, only a few blocks to the Liberty Ave Subway line at Cross Bay Blvd. Building 25x60. Lot Size is 25 x 100. The 1st floor is 1, 500 SF with 12 ft ceilings. It is used as a licensed Daycare with use of backyard. The 2nd floor features 1, 500 SF renovated apartment with 11 foot ceilings. Full basement. Owner renovated completely leaving the historic details with up-to-date modern touch. Building shows very well. Potential income is 6, 500 per month. We’re directly behind the Stop&Shop supermarket shopping strip on Woodhaven Blvd and Atlantic Ave. Jamaica Ave is 5 blocks away., Additional information: Rental Income:Y, vac_perc:0, Building Size:25 X 60
Ozone Park NY, 11416
ML# :3581151 Great opportunity to own 7 units plus a yard! Varying size units range from 600 sq ft to 1000 sq ft. Open floor plans with one bathroom each. J-2 Business zoning district. Unbeatable visibility on major road way. Large corner property with ample parking and large fenced yard., Building Size:5452
427 Route 25A, Rocky Point, NY, 11778
ML# :3581094 Prime Location in Downtown Bayshore, Commercial Mixed-Use Building approx. 14, 000 sq ft, on a Half-acre lot, Zoned BD with many uses. 1st floor open space with office and Bathroom. Second Floor, 3 Large Bedrooms, Living room, Kitchen 2 Full baths. 3rd Floor Huge Open Attic Space. Fenced Property
193 W Main Street, Bay Shore, NY, 11706
ML# :3581182 Commercial Space for Rent in Fresh Meadows. First Floor Storefront 1, 492 sqft. Basement Storefront 1, 985 sqft. First Floor Rear Office 475 sqft. Both the front and rear sections of the first floor have independent entrances and their own restrooms. The layout is spacious and well-proportioned, with large windows on all sides for natural light. The basement also features large windows, a restroom, and convenient access via an elevator. Located in a bustling area with ample parking and easy access. Perfect for business!
61-15 184th Street Unit 1st FL, Fresh Meadows, NY, 11365
ML# :3581060 This rental space has an upstairs with extra bathroom- the owner will rent both at 3400 or 2200 for bottom this is a . Can Be used for Office /retail. Tenant will pay there own utilities, plus 35.00 common Charges. also pay 25% rent increases. 700 square feet down and 1350 up stairs.
380 Sunrise, West Babylon, NY, 11704
ML# :3581021 Great investment opportunity. Two family with store/office in prime Sunnyside/Woodside location. Building has been well maintained and boasts a number of upgrades to include: kitchens and bathrooms, new boiler & HW heaters, upgraded electric service/gas lines, windows and doors. Store has ? bath, as well as, basement storage. Close to stores, parks and restaurants. Convenient to highways, 15 minutes to midtown Manhattan via #7 subway. Property is owner occupied and will be delivered vacant at closing., Additional information: Office Pct.:50, Building Size:18.58x66
43-18 Greenpoint Avenue, Sunnyside, NY, 11104