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Active - Mixed Use for sale
87-48 78th Street, Woodhaven, NY 11421
Facts & features
Why you’ll love it
Historical Landmark Building for sale! This property, located at a convenient location, is definitely worth investing in due to its high return investment opportunity of above 7%Cap. There is a vacant 2 Apartment? with high income!,All It is located in the heart of Woodhaven and contains 5 Commercial units along with 2 Residential units. Ten thousand feet in total. It will allow investors to earn passive income: tenants pay for their own utilities expenses (commercial tenants pay for their own utilities and residential tenants pay for electricity/gas). Most importantly, the corner bar, Neir's Tavern, featured in numerous films/shows such as "GoodFellas", "Tower Heist", and "New York Originals". It's the oldest bar in the entire United States, so it contains hundreds of years of history and story. Don't miss out on this investment Monthly income 25,000 because it'll definitely be worth it!
Listed by: Xiao H Chen • judychen8888@yahoo.com • E Realty International Corp
Co-listed by: Xueqin Xie • xqxie366@gmail.com • E Realty International Corp
Come see by yourself
Affordability
$16,302/mo
- Mortgage$13,602
- Property tax$2,700
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Woodhaven
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
