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41-14 27th St
Long Island City, NY 11101 LIC

$1,288,000 USD

Apartments Condo For Sale  •  1,200 SF

Property Details

  • Property Type Apartments
  • Total Building Size 24,790 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 5.05 %
  • Zoning M1-5R7-3
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit B Flex 1,200 SF $1,288,000 USD
  • Unit Size: 1,200 SF
  • Condo Use: Flex
  • Price: $1,288,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $1,073.33 USD
Description
Turn Key Bakery Cafe Setup in Chic Nexus Condo Building.
Stunning finishes with two kitchens and huge outdoor seating area. 
All electric
~1000sf interior with ~1000sf outdoor patio + 200sf storage.

Can be delivered vacant for User/Investors.
20+ years remaining on ICAP tax abatement.
Lease to purchase option available.

Sale Notes
Conveniently located next to the Queensboro Plaza Station, 1/2 block to the new ADA entrance, only 10 mins to Manhattan, Hotels, cultural, arts, entertainment, restaurants, new residential developments and waterfront offices. LIC is an economically diverse, 24/7, mixed-use community with excellent access to Manhattan and the Cornell Tech campus on Roosevelt Island that’s currently under construction.  With its strong real estate market producing more than 10,000 new market rate apartments and over 1.5 million square feet of office space in recent years by Queens Plaza

Highlights

Stunning outdoor patio
Two fully functional ventless kitchen

Financial Summary

Cap Rate: 5.05 %
Total Expenses: $10,000 USD

Amenities

  • Clubhouse
  • Courtyard
  • Storage Space
  • Sprinkler System
  • Elevator
  • Lounge
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road) 4 min 19 min 1.0 mi
Long Island City Station (Hempstead Branch - Long Island Rail Road) 5 min - 1.7 mi
Transit/SubwayDriveWalkDistance
Queensboro Plaza (7 - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 7 min 3 min 0.1 mi
Queens Plaza (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
21 Street-Queensbridge (F - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
39 Avenue (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
Long Island City-Court Square (G - New York MTA Subway (The Subway)) 3 min 9 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 13 min - 4.7 mi
John F Kennedy International 26 min - 15.0 mi
Newark Liberty International 31 min - 17.5 mi
Jon Ha 917-209-2990 Accel Real Estate
Jon Ha 917-209-2990 Accel Real Estate