PRICE REDUCED BY 28%. 19-17 Ditmars Blvd is a turnkey, systems-upgraded mixed-use asset across from Astoria Park on a strong retail corridor location. The property features four renovated, free-market apartment units potentially delivered VACANT at closing. The VACANT ground floor commercial is currently a white box with exclusive rights to a full height basement and exclusive back yard access. Buyers have near term opportunity by filling this commercial space on a corridor that has an established market place for food establishments and early childhood care.
INVESTMENT HIGHLIGHTS
• Free-market, renovated residential: 4 upgraded units positioned for stable tenancy and strong rent growth prospects. Seller represents that units can be delivered VACANT AT CLOSING.
• Commercial upside with clean story: Vacant ground floor commercial provides easy upside via re-tenanting.
• Systems are up to date: Recent upgrades include boiler body, roof, new water main, kitchens and baths in most units, white box commercial condition.
• Strong neighborhood draw: Half-block to a park and a quick walk/citibike ride to the N/W and R subway, providing immediate access into Midtown Manhattan.
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Marcus & Millichap Real Estate Investment Services Inc718-475-4366,
Matthew Rosenzweig
Source: StreetEasy,MLS#: S1840388
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Appliances
Included: Dishwasher
Features
Flooring: Hardwood
Has fireplace: No
Interior area
Total structure area: 3,600
Total interior livable area: 3,600 sqft
Property
Features
Patio & porch: Other
Exterior features: Garden
Has view: Yes
View description: City, Garden, Park/Greenbelt, Skyline
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