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Type:
Mixed Use
Sq Ft:
3,300
Units:
Property Description
IPRG has been exclusively retained to sell 45-05 Ditmars Blvd, a mixed-use investment opportunity located in the heart of Astoria, Queens, between 45th and 46th Road.
PROPERTY OVERVIEW:
- Configuration: 2 Residential Apartments + 1 Ground-Floor Retail Space
- Retail Lease: Tenant currently in Year 11 of a 15-Year Lease with 3% Annual Increases
- Frontage: Strong visibility on Ditmars Blvd, a high-traffic commercial corridor
LOCATION HIGHLIGHTS:
- Situated in the vibrant Astoria neighborhood
- Walking distance to the N & W subway lines, providing convenient access to Manhattan and greater Queens
- Surrounded by a dynamic mix of dining, retail, and residential developments
This property presents a stable income-producing asset with long-term upside in a sought-after Queens location.
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Block & Lot:
00771-0003
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Neighborhood:
Astoria
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Cross Streets:
45th & 46th
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Building Dimensions:
20 x 100; 20 x 65
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Lot Dimensions:
20 x 110
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Units:
3
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Total Approx. SF:
3,300
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Zoning:
R4
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FAR:
1.0
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Tax Class:
1
