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Property Description
Prime Investment Opportunity at 83-29 Broadway, Elmhurst, NY 11373
Presenting an exceptional chance to acquire a mixed-use building located at 83-29 Broadway, Elmhurst, NY 11373. This property features four retail spaces and is partially occupied, offering investors immediate leasing potential and opportunities for income growth.?
Location: Situated at the intersection of Baxter Avenue, Ithaca Street, and 82nd Street, this property benefits from exceptional foot traffic and visibility. It is surrounded by major national and local retailers such as Chipotle, Starbucks, Target, Smashburger, Chick-Fil-A, Fay Da Bakery, Paris Baguette, Popeye’s, and Kung Fu Tea.?
Transportation: Located just one block from the 82nd Street/Roosevelt Avenue subway station, the property offers quick access to Manhattan and Flushing’s Main Street, making it highly attractive to tenants.?
Investment Potential: The NNN (triple net) lease structure provides a low-maintenance investment with strong income potential. The partial occupancy presents immediate leasing opportunities, allowing for increased cash flow and value appreciation.? This is a rare opportunity to own a passive-income-generating asset in one of Queens' most dynamic and rapidly growing neighborhoods.
Floors 2 & 3 are available for lease. 1000-2200 SqFt.
Contact for full offering materials and to schedule a tour!
Prime Investment Opportunity at 83-29 Broadway, Elmhurst, NY 11373
Presenting an exceptional chance to acquire a mixed-use building located at 83-29 Broadway, Elmhurst, NY 11373. This property features four retail spaces and is partially occupied, offering investors immediate leasing potential and opportunities for income growth.?
Location: Situated at the intersection of Baxter Avenue, Ithaca Street, and 82nd Street, this property benefits from exceptional foot traffic and visibility. It is surrounded by major national and local retailers such as Chipotle, Starbucks, Target, Smashburger, Chick-Fil-A, Fay Da Bakery, Paris Baguette, Popeye’s, and Kung Fu Tea.?
Transportation: Located just one block from the 82nd Street/Roosevelt Avenue subway station, the property offers quick access to Manhattan and Flushing’s Main Street, making it highly attractive to tenants.
Overview
Property Type
Commercial
Location
83-29 Broadway, Elmhurst, NY 11373
Listing Last Updated
3/13/2025 1:41 PM
Property Features & Amenities
Interior
Exterior
Stories
4
Details
Financial
Price
$4,200,000
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