Maspeth Mixed-Use Property: 54-20 Nurge Ave #1
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Maspeth Mixed-Use Property: 54-20 Nurge Ave #1

$999,000
54-20 Nurge Ave #1, Maspeth, NY 11378, USA, 11378
Category
Square feet
2,000 sq ft
Listing type
Property type
City/Town
Borough/County
Neighbourhood
ZIP code
11378

Description

Maspeth Mixed-Use Corner Property: Investment Opportunity at 54-20 Nurge Ave

Don’t miss this prime investment opportunity at 54-20 Nurge Avenue in Maspeth, NY. This two-story, three-unit mixed-use building, originally built in 1920, is a great corner property that’s fully leased and consistently generating income.


The building comprises two residential apartments and a ground-floor commercial store. The top floor features a 4-bedroom apartment, while the first floor offers a spacious 1-bedroom unit with a private yard. The corner retail space, formerly a laundromat with the potential to be one again, is currently rented to an art studio.


Recent upgrades include a new boiler. Taxes for the property are $6,584. Rent details are available upon request.