23002 S Conduit Ave Springfield Gardens, NY 11413

Calling All Investors, Developers & End-Users!!! 1,800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1,800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CA...C, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America. Income: Deli (1,800 Sqft. + 1,800 Sqft. LL): $52,800 Ann.; Lease Exp.: 11/1/2029. Verizon Tower: $24,000 Ann.; Lease Exp.: 2053. 2 Parking Spaces (Landscaper): $6,000 Ann. M-M. Gross Income: $82,800 Ann. Expenses: Gas: $0 Electric: $0 Water & Sewer: $700 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,803 Ann. Taxes: $17,579.76 Ann. Total Expenses: $21.332.76 Ann. Net Operating Income (NOI): $61,467.24 Ann. Continue reading