158-15 Union Turnpike Unit #1A, Fresh Meadows, NY 11366
- $3,990,000
- List Price
- $3,990,000
- Days on Market
- 69
- MLS#
- 1003643
- Status
- ACTIVE
Property Description
Presenting Retail Condo Unit 1A in a modern mixed-use condominium building built in 2018, located in the heart of Fresh Meadows. This ground-floor commercial unit offers approximately 9,748 SqFt and benefits from excellent visibility, strong pedestrian traffic, and a highly desirable location. Previously leased at $28,000 per month on a triple-net (NNN) basis, this property presents an attractive investment opportunity with a cap rate approaching 9%. The property also benefits from a tax abatement in place through 2033, helping to reduce operating expenses and enhance overall returns. Zoned R5D, the space accommodates a wide range of permitted uses, including retail, office, medical, community facility, and more, providing flexibility for both investors and owner-users. Situated in a thriving neighborhood with strong demographics and convenient access to major roadways, public transportation, and nearby shopping destinations, this is a rare opportunity to acquire a substantial commercial condominium in one of Queens’ most sought-after markets. For more information or to schedule a private tour.
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Additional Information
- Year Built
- 2018
- School District
- Contact Agent
- Elementary School
- Ps 154
- Middle School
- Is 250 Robert F Kennedy Comm Ms (The
- High School
- Contact Agent
- Total Taxes
- 25440
- Heating
- Electric
- Parking
- Garage, Private
- Parking Spaces
- 10
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $25,440
Mortgage Calculator
Listing courtesy of Listing Agent: Annie Hsu (annie@anniehsuteam.com) from Listing Office: Keller Williams Rlty Landmark.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.