A career in real estate can provide both personal and financial rewards to self-directed individuals who are entrepreneurial, technologically resourceful and service-oriented.
Mixed-use property located at Avenue X and 86th Street. Walk to the F train at Ave X or N train at 86th Street. Lots of foot traffic. The lot has two buildings, a restaurant at the front and a 2-story apartment at the back. The storefront has been a Chinese restaurant since 1993 with a stable customer base and income. The apartment is a 2-level house with 2 bedrooms. Both the restaurant and apartment is on a month-to-month lease and can be sold with or without the tenant. Both tenants pay their own utilities, separate gas, electric and water meter for both tenants. Low property tax approximately $5,000 annually. Potential cap rate of 6.5%.