7932 Metropolitan Ave
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7932 Metropolitan Ave
7,992 SF Retail Building Middle Village, NY 11379 $2,798,000 ($350/SF)
Investment Highlights
- Distinct Architecture Stands Out In The Vibrant Urban Setting.
- Development Potential As Having Additional Air Rights To The Property.
- Offers Multiple Sources of Mixed-Use Rental Revenues
Executive Summary
Prime America Real Estate, Inc is delighted to present 7928-7932 Metropolitan Avenue - a unique opportunity spanning 7,500 sq.ft. with parking spaces, this property stands out with its distinct architecture in the most desirable location of Middle Village, conveniently located near commercial hub near shopping centers, banks and public transportation.
This property is a versatile gem, perfect for both astute investors and visionary end-users. It includes a residential apartment as well as two spacious commercial/retail/restaurant spaces, each equipped with a full kitchen setup, ready to accommodate any culinary or retail venture. The property's unique architecture and prime location ensure it stands out, attracting both customers and potential tenants.
Beyond its commercial appeal, the residential apartment is ideal for a live-in owner or generating additional rental income.
The property offers multiple sources of mixed-use rental revenues. The second floor presents a vast recreational area complemented with two full commercial restrooms, offering endless possibilities for expansion or innovative use.
With additional air rights, it offers development potential, promising profitability and growth for long-term investment. Whether you're an entrepreneur seeking a bustling restaurant location, a business owner looking for a flagship retail space, or an investor interested in mixed-use development, this property is your gateway to success.
Don't miss this extraordinary opportunity. Schedule a private tour today and experience first the unmatched versatility and potential of this remarkable property, presented by Prime America Rea Estate.
This property is a versatile gem, perfect for both astute investors and visionary end-users. It includes a residential apartment as well as two spacious commercial/retail/restaurant spaces, each equipped with a full kitchen setup, ready to accommodate any culinary or retail venture. The property's unique architecture and prime location ensure it stands out, attracting both customers and potential tenants.
Beyond its commercial appeal, the residential apartment is ideal for a live-in owner or generating additional rental income.
The property offers multiple sources of mixed-use rental revenues. The second floor presents a vast recreational area complemented with two full commercial restrooms, offering endless possibilities for expansion or innovative use.
With additional air rights, it offers development potential, promising profitability and growth for long-term investment. Whether you're an entrepreneur seeking a bustling restaurant location, a business owner looking for a flagship retail space, or an investor interested in mixed-use development, this property is your gateway to success.
Don't miss this extraordinary opportunity. Schedule a private tour today and experience first the unmatched versatility and potential of this remarkable property, presented by Prime America Rea Estate.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,992 SF
Building Class
C
Year Built
1931
Price
$2,798,000
Price Per SF
$350
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Land Acres
0.17 AC
Zoning
R5, C2-3 - Suitable for medium-density residential and local retail uses.
Parking
5 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
73 FT on Metropolitan Ave
Amenities
- Atrium
- Courtyard
- Restaurant
- Signage
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03780-0023 | Improvements Assessment | $189,900 |
| Land Assessment | $115,200 | Total Assessment | $305,100 |
PROPERTY TAXES
Parcel Number
03780-0023
Land Assessment
$115,200
Improvements Assessment
$189,900
Total Assessment
$305,100
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