$1,040,000

Estimated payment $5,921/month

-- Bed
-- Bath
1,824 Sq Ft
$570 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 5-minute walk to Montbellier Park
  • Cooling Available
  • Back Yard

About This Home

Mixed-Use Investment Property in Springfield Gardens, NY 11413 – Fully Rented
Excellent investment opportunity in the heart of Springfield Gardens! This well-
maintained mixed-use property features a ground-floor deli with strong neighborhood
visibility, plus a renovated three-bedroom residential apartment above—both fully
leased with reliable tenants in place.
The commercial space operates as a deli and benefits from steady foot traffic,
established local clientele, and long-standing community presence. The updated 3-
bedroom apartment offers modern finishes, spacious rooms, and solid rental income,
making this an attractive, turn-key investment.
Located near major thoroughfares, schools, public transportation, and local
conveniences, this property provides stable cash flow and long-term growth potential in
a highly desirable Queens neighborhood.
Perfect for investors seeking a hands-off, income-producing asset from day one.
The property is also being offered for sale together with profitable business for a total price of $1,198,000.
Subject to E&O.

Listing Agent

Halyna Chyrva

Equity Essentials LLC Listed on: 12/10/2025

Co-Listing Agent

John Corrado

Equity Essentials LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,606

Lot Details

  • 1,746 Sq Ft Lot
  • Lot Dimensions are 97 x 18
  • Irregular Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Masonry

Interior Spaces

  • 1,824 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $3,638
  • Gross Income $79,200
  • Net Operating Income $67,816

Property Details

Property Type

Other

Est. Annual Taxes

$5,606

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Queens
  • Co List Office Mls Id: 120280
  • Co List Office Phone: (718) 413-8333
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: Window Display
  • Confirmed By M L S Y N: Yes
  • Cross Street: 184th st
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1824
  • Street Name I D X: 140th
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1746

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick, Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 97
  • Lot Size Width: 18

Rental Info

  • Rent Income: 79200

Multi Family

  • Annual Gross Expense: 11384.00
  • Annual Gross Income: 79200
  • Insurance Expense: 3638.00
  • Property Net Operating Income: 67816.00

Tax Info

  • Flip Tax Amount: 5606.00

Map

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 For Sale $1,040,000 -- $570 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 497804

Brooklyn Board of REALTORS®