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112-21 Farmers Boulevard, Saint Albans, NY 11412

$1,099,000

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7 Total Photos [Click to View All]

Pending

BEDS0 BATHS MLS#935219

STATUSPending PROPERTY TYPECommercial - SCHOOLQueens 25

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Property Description

Retail & Residential Mixed Use Building With 9.6% Cap Rate. 3 Units, Fully Rented, High Monthly Cash Flow, ($10,706) Gross Operating Income ($128,472 Annual). Pharmacy ground floor, 2 Residential Rental Apts Second Floor. 1 2 Bedroom, 1 3 Bedroom. All Leases Expire 2028. Busy Commercial Location. This Multi Family/Retail Investment Property Has Solid Financials, With Escalating Retail Lease, and Low Expenses. Great Opportunity For All Investors.

112-21 Farmers Boulevard | MLS# 935219

This commercial property located at 112-21 Farmers Boulevard, Saint Albans, NY 11412 is currently listed for sale with an asking price of $1,099,000. 112-21 Farmers Boulevard is located within the Queens 25 school district. Search Saint Albans real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Storage Space, Unfinished

Basement: Yes

Cooling: Central Air, Wall/Window Unit(s)

Heating: Baseboard, Electric, Natural Gas

Lot Size: 0.04 Acres

Stories: 2.0

Taxes: $14,000

Year Built: 1930

Feature Descriptions

Appliances: Gas Oven, Gas Range, Oven, Refrigerator, Gas Water Heater

Building Area Total: 2460

Business Type: Mixed

Cap Rate: 12

Common Walls: 2+ Common Walls

Days on Site: 195

Electric: 200+ Amp Service

Exterior: Brick

Flooring: Combination

Heating Units: 3

Heating Zones: 3

House Faces: North

On Market Date: 2025-11-12

Overhead Door Height: 7

Parcel Number: 109-68-0104

Parking Features: On Street

Rental Term: Monthly

Separate Electric Meters: 3

Separate Gas Meters: 3

Sewer: Public Sewer

Tenant Pays: Electricity, Gas, Heat

Units: 3

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Water: Public

Local Schools

School District: Queens 25

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55 Northern Blvd
Greenvale, NY 11548

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112-21 Farmers Boulevard, Saint Albans, NY 11412

Property Description

112-21 Farmers Boulevard | MLS# 935219

Property Features

Feature Descriptions

Local Schools

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112-21 Farmers Boulevard, Saint Albans, NY 11412

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