148-11 175th Street, New York, NY, 11434
$1,720,000
$1,750,000
activeLot Size
2,800 sqft
Year Built
2008
Stories
2
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Prime Location! Across From Motor Vehicle Dept and JFK, 4,620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic Detailing or Auto Body & Luncheonette on Ground Level with 6 Office upstairs both with 2 separate comon areas and 2 Kitchens and 2 Full baths. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an Elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300/$63,600 until Sept Oct 2026 but would like to re-new. Luncheonette $2300/$27,600 until Feb 2027. 2 Office net approximately $6,000/$72,000 Expenses: $10,000 Taxes, $3000 Insurance Total Income $163,200 NOI $150,200 Cap Rate 8.73%Prime Location! Across From Motor Vehicle Dept and JFK, 4,620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic or Auto Body & luncheonette on Ground Level with 2 Office upstairs. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300 until Sept Oct 2026. Luncheonette $2300 until Feb 2027 Expenses: $10,000 Taxes, $3000 Insurance NOI $150,020 Cap Rate 8.73%
Listed by John C. Gandolfo, Coldwell Banker American Homes
Based on information submitted to the MLS GRID as of May 6, 2026, 11:22 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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