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6016 86th Street, Middle Village, NY 11379

PROPERTY METRICS

  • Property Size 7,331
  • Price / sq ft $436.50
  • Residential Units 12
  • Commercial Units 4
  • Price $3,200,000
  • Property Type Mixed-Use
  • Address 6016 86th Street
  • City Middle Village
  • State NY
  • Zip 11379

PROPERTY DETAILS

The Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 60-16 86th Street, a three-story mixed-use building located between 60th Ave & 60th Rd in the Middle Village neighborhood of Queens, NY. The subject property consists of 7,331 square feet and is built 72 ft x 25 ft on a 103.9 ft x 47.91 ft, R4-1 zoned lot. The property features nine fully leased apartments and two offices and a storage unit. The property has additional income from a laundry unit and three parking spaces. The nine units consist of six 1-bedroom units and three studios. The offices and storage are currently leased as studio units as well. The entire building is free market and receives ancillary income from the garage spaces and laundry.

The subject property is located an 8-minute walk from the Woodhaven Blvd subway station, serviced by the E, M, & R lines. The property is also located within direct access to the Long Island Expressway (I-495) and a 5-mitnue drive to the Queens Center Mall, Queens Places Mall, Cheesecake Factory, Macy’s, Target and many other major retails on the Queen Blvd corridor. Investors have the opportunity to purchase a cash flowing mixed-use building in the growing Middle Village neighborhood where commercial & residential rents remain strong.

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