7009 Grand Avenue
Description
Discover a lucrative investment a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving restaurant, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand. With a Gross Operating Income of $90,000, this property combines reliable cash flow with long-term...Prime Investment Opportunity – Can be combined with 7007 Grand Ave
Discover a lucrative investment a 2-story mixed-use building perfectly situated in a high-traffic location. This property features: Ground Floor: Fully leased to a thriving restaurant, providing stable income from a NNN tenant. Second Floor: Two recently renovated 2-bedroom residential units, offering modern finishes and strong rental demand. With a Gross Operating Income of $90,000, this property combines reliable cash flow with long-term appreciation potential. The mixed-use configuration provides a diversified income streams and an excellent hedge against market fluctuations. Don’t miss this chance to own a turnkey property in a sought-after location. Perfect for seasoned investors or those looking to grow their portfolio.
- Listed by King Li • eXp Realty BKNY
Amenities
- Ground Floor
- Parking Included
- Private Outdoor Space
Property Details for 7009 Grand Avenue
| Status | Active |
|---|---|
| MLS ID | 487846 |
| Days on Market | 7 |
| Taxes | - |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | - |
| Compass Type | Mixed Use |
| MLS Type | Mixed Use |
| Year Built | - |
| Lot Size | 1,967 SF |
| County | Queens County |
Building Information for 7009 Grand Avenue
Property Information for 7009 Grand Avenue
- Number Of Stories: 1
- Cross Street Name: 71 St
- Roof: Asphalt/Tar
- Water Front Present YN: No
- Parking Attributes: None
- Parking Feature Single: None
- Financing: 1031 Exchange
- Gross Expense: 10000.0
- Gross Income: $90,000.00
- Cap Rate: .04%
- Sq Ft Total: 2340
- Yard: Back
- Lot Size Irregular YN: No
- Lot Size Length: 100
- Lot Size Width: 16
- Commercial Condo YN: No
- Heat Delivery: Hot Water
- Heating Fuel: Gas
- Hot Water: Electric
- Basement Amenities: Cellar
- Commercial Features Interior: None
- Foundation Details: Poured Concrete
- Flooring: Other
- Unit Count: 3
- Lavatories: 4+
- Construction Materials: Brick
- Electric: 110 V, 220 V, Circuit Breakers
- Exterior: Brick
- Commercial Features Exterior: None
- Building Footprint Sq Ft: 960.0
- Building Length: 60.0
- Building Type: Attached
- Building Width: 16.0
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0.0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Floor: 2A
- Unit Rooms Total: 4
- Unit Status: Leased
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0.0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Floor: 2B
- Unit Rooms Total: 4
- Unit Status: Leased
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 1.0
- Unit Category: Store
- Unit Floor: 1
- Unit Status: Leased
- Unit Unit Type: Restaurant
- Net Operating Income: 80000.0
- Sale Type: Arm's Length
- Owner Occupied: No
- Rent Income: 90000.0
- Rent Income Period: 12
Property History for 7009 Grand Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 7009 Grand Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 58 School Of Heroes PublicPK to 6 | ||
Is 73 The Frank Sansivieri Intermediate School Public6 to 8 | ||
Grover Cleveland H.S. Public9 to 12 | ||
Maspeth High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of eXp Realty BKNY
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