Marcus & Millichap - Tri Borough Multi-Family

534 50th Avenue

NY

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Price: $2,650,000
Building Size: 4,250 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Paul Youssef
Tel: 646-805-1461
Paul. Youssef@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 534 50th Avenue, located between 5th Street and Vernon Boulevard in the Long Island City section of Queens, New York.

The subject property, 534 50th Avenue, is a three-story mixed-use building that consists of one commercial unit and 2 two-bedroom apartments. The property is built 25 feet by 35 feet on the first through third floors and sits on a 25 foot by 100 foot lot with approximately 4,250 gross square feet. The property is zoned M1-4/R6B, LIC allowing for approximately 800 gross square feet of available air rights (Block: 33, Lot: 39)

This property offers investors the rare opportunity to purchase a mixed-use building in the Long Island City section of Queens, New York.