142-18 32 Avenue

About this home

Located near Northern Blvd, this community facility property is available for sale or lease. Situated on a 50x150 lot, it offers 5 parking spaces, a long private driveway, and an elevator. Previously used as a daycare, the building features three levels with separate entrances, providing excellent flexibility for a variety of institutional uses. The approximate layout includes a 3,000 sq ft first floor with high ceilings, a 3,500 sq ft basement, and a 700 sq ft second floor with a balcony. The entire building can be leased for approximately $20,000 per month, offering strong and stable income potential. Additional upside includes expansion potential and the benefit of a 10-year property tax abatement, along with a current low annual property tax of approximately $25,000. Ideal for use as a daycare, senior center, after-school program, or other community facility purposes, as well as for investment.Additionally, it’s worth mentioning that the building offers expansion potential. The first floor has an 18-foot ceiling, allowing for an additional floor to be added. Electrical and main beams are already in place. There’s also an additional 1,500 square feet of rooftop that can be built upon.

The details

Price

$3,990,000

Type

Other

Status

Active

Bedrooms

—

Bathrooms

—

Interior

—

County

Queens

MLS #

KEY989915