Investment Overview
B6 Real Estate Advisors & Luxian International Realty have been retained on a co-exclusive basis to arrange for the sale of 214-33 41st Avenue & 40-12 214 Place (the "Property"). The Property is a premium new construction mixed-use asset in Bayside, Queens. The Property features 18 residential apartments (13 Market-Rate + 5 Affordable), 2 ground-floor retail units, a community facility unit and garage for parking.
Investment Highlights
- Premium New Construction Mixed-Use Building.
- 22 Total Units: 18 Residential (13 Market Rate + 5 Affordable), 2 Ground Floor Retail, 1 Community Facility, and 1 Garage with up to 42 Parking Spaces.
- Completed & Built 2023.
- Pending 421a Tax Abatement (25-Years)*.
- 65% Leased Offering Significant In-Place Cash Flow.
- Upside with Vacant Retail & Garage/ Parking.