Featured Property

Rego Park • $1,999,000
Investment Opportunity
98-53 63rd Road

Attention All Investors and Developers! Prime Location in the heart of Rego Park, Off Queens Blvd. The building includes One Store Front, That Has Been a Well Established Pizza Shop Business For The Past 36 Years. The Rent For The Store is $4,500 Second Floor Has A Fully Renovated, Two Bedroom Apartment, Rented For $2000 . Low Taxes, Only $6,076. Total Gross Income $78,000 Both Tenants pay for their own Heat, Gas and Electric, This Building Has Zoning R7-1, C1-3 And Residential FAR 3.44 And Facility FAR 4.8., Can Build Up To 3,633 BSF On This Property. Can add Two Additional Floor on Top Of This Building, Short Distance To Subways and Buses and Department Store.