Updated 9 years ago
Sold
218-91 Hempstead Ave
Queens Village, Queens | Springfield Blvd & 220th Street
2,200 Square FeetMixed Use
$545,000
floors / apts2 / 2
Lot Size20'x95'
Built Size20'x55'
Building TypeLow-Rise
RE Taxes$4,200
Price Per SF
$248
This property was sold for $545,000 on 06/23/17.
Building Amenities
- Voice Intercom
Property Description for 218-91 Hempstead Ave
This mixed use, Multi- Family brick building is ready to be your next great investment! This property is located in a great location Queens Village with many other surrounding businesses.
With approximately 1,100 sqft. Of commercial space on the ground floor, and great outdoor space, any business is possible here! (building class (S2) Primarily two family with store or office. The building has been upgraded within the last 10 years leaving, very little if any work to be done.
The 2nd floor consist of approximately 1,100 sqft. , which can be used as 2 studio apartments. This space is currently being used as one unit, and with minor renovation can be used as two separate units creating more income.
One of the great benefits of being built in approximately 1931 this mixed-use building grandfathered-in C of O and being well maintained over the years this property has great bones and has great potential to be your next or first income producing property. With mentions of the first major soccer stadium, to come to the are in the near future the potential of this property only increases!
CASH BUYERS WELCOME!Lot: 1,910 sqftBuilding : 2,200 sqftMax FAR: .6District code: C1-2 / R3-2Setup provided upon request
With approximately 1,100 sqft. Of commercial space on the ground floor, and great outdoor space, any business is possible here! (building class (S2) Primarily two family with store or office. The building has been upgraded within the last 10 years leaving, very little if any work to be done.
The 2nd floor consist of approximately 1,100 sqft. , which can be used as 2 studio apartments. This space is currently being used as one unit, and with minor renovation can be used as two separate units creating more income.
One of the great benefits of being built in approximately 1931 this mixed-use building grandfathered-in C of O and being well maintained over the years this property has great bones and has great potential to be your next or first income producing property. With mentions of the first major soccer stadium, to come to the are in the near future the potential of this property only increases!
CASH BUYERS WELCOME!Lot: 1,910 sqftBuilding : 2,200 sqftMax FAR: .6District code: C1-2 / R3-2Setup provided upon request
Building Details for 218-91 Hempstead Ave
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/2
Transit and Citi Bike
Railroad
Queens VillageLong Island Rail Road
0.3 miles
Belmont ParkLong Island Rail Road
0.34 miles
Queens Village | Queens
Quick Profile
Queens Village is a mostly residential and middle class neighborhood in the borough of Queens. From cow pastures to sought after suburbs, the nabe has seen many transformations over the years, including a few name changes along the way.
Queens Village is bounded by Hollis to the west, Cambria Heights to the south, Bellerose to the east and Oakland Gardens to the north. It’s also one of the easterly neighborhoods of Queens that borders Long Island’s Nassau County.
Considered one of the oldest settlements on Long Island, Queens Village was settled in 1640 by English immigrants arriving from Connecticut. Cattle pastures and small farms soon populated the land and the area was eventually called Little Plains. In 1824 the name was changed to Brushville after blacksmith Thomas Brush, who profited from his blacksmith operations, opened more shops and a factory. The railway arrived in 1837 and transformed the area even more. In 1856, residents voted to change the neighborhood name from Brushville to Queens. The neighborhood name of Queens Village became official some time in the early 1900’s.
Queens experienced a housing boom in the 1920’s when Manhattan residents left the city in search of less crowded living conditions. New construction, especially Dutch Colonial and Tudor-style homes, were built to meet the housing demands. As you walk through the streets of Queens Village you’ll notice the many homes in this architectural style.
You won’t find too many subways in this neck of the woods. Commuters heading into Manhattan use the Long Island Railroad. MTA bus lines also service the neighborhood.
Housing stock in Queens Village consists of single-family and two-family homes on small lots There are also a few co-ops and apartment buildings too. The average listed price in Queens Village is $281k and the median listed price is $282k.
The commercial artery is along Jamaica, Hillside and Springfield Boulevards. You’ll find plenty of restaurants and bodegas serving Jamaican, Creole, Italian, Indian, Chinese and Portuguese food.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 68073TH
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