$849,999
Updated 6 years ago
Off Market
135-27 Springfield Blvd
Queens Village, Queens | 135th Ave & 136th Ave
2,268 Square FeetMixed Use
$849,999
floors / apts2 / 1
Lot Size18'3"x100'
Built Size18'x63'
ZoneR3A
Building TypeLow-Rise
RE Taxes$4,332
Price Per SF
$375
Building Amenities
- Garage
Property Description for 135-27 Springfield Blvd
Ariel Property Advisors is proud to present 135-27 Springfield Boulevard, a mixeduse property along the busy throughway of Springfield Boulevard. The subject property features one free market apartment and one retail/office space on the ground floor with a basement and a 2-car garage. The 3-bedroom apartment has been renovated and is currently occupied, and the retail store has also gone through a beautiful renovation for a real estate office that will be delivered vacant. It features 4 offices, a conference room, two half baths, and a kitchenette. In addition, ownership has a good relationship with the neighbor, and they would allow a prospective buyer to put up a large sign on the side of the building to advertise for the retail store. The over 2,000sqft property allows a new buyer great potential to be an owner-user or choose your own tenant and generate strong cash-flow, with current ownership paying six months advance rent for the retail space.
The subject property is situated on Springfield Boulevard which is a few blocks away from Merrick Boulevard. Across the street is a shopping center with big-name retailers like Stop & Shop, Ashley Stewart, Rainbow Shops, Western Union, and Home Depot. There is convenient access to the Q77 bus line along Springfield Boulevard & the Q5 bus line along Merrick Boulevard, which takes you to Jamaica Station. In addition, the property is a 15min walk to the Locus Manor & Laurelton train stops on the LIRR. Lastly, it is only a 5-minute drive to get onto the Belt Parkway, providing an easy transportation route to JFK Airport, the rest of Queens, Brooklyn, Manhattan, and Long Island.
This opportunity provides a new buyer with a few options, no additional capital expenditures, and strong consistent cash-flow for the future.
Listing History for 135-27 Springfield Blvd
Now
12/07/2020
POM by Alexander Taic
Ariel Property Advisors
11/05/2020
$849,999
Initial Price by Alexander Taic
Ariel Property Advisors
Building Details for 135-27 Springfield Blvd
OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/1
Contact Agents
Contact Agents
Alexander Taic
Ariel Property Advisors
Shimon Shkury
Ariel Property Advisors
Chris Afriyie
Ariel Property Advisors
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: 80067TH
Find home. Discover happiness.