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    Closed Dec 4, 2024
    18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693
    $950,000
    9,500sqft
    –acres
    Commercial Sale

    18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693

    Listing by: All Island Estates Realty Corp
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    OneKey® MLS
    18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693

    NY/Queens/Broad Channel/11693/18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693

    Closed Dec 4, 2024
    $950,000
    9,500sqft
    –acres

    18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693

    City/Town:Broad Channel   Post Office: Broad Channel     

    Commercial Sale by Richard Matt Shane, All Island Estates Realty Corp.

    Data checked -. Listing last updated 78 days ago.
    1. Overview
    2. Details
    3. More 

    Calling All Investors, Developers & End-Users!!! 18.41 Cap Restaurant / Bar Mixed Use Building On 9,500 Sqft. Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, 18 Parking Spaces, Strong R34 Zoning, Parking Lot, High 10' Ceilings, 4 Br. Apartment, Backyard, Deck, Garage, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Broad Channel Minutes From The Cross Bay Bridge & Rockaway Beach!!! Neighbors Include Starbucks, Verizon, Chase Bank, Western Union, Stop & Shop, Dunkin', Mobil, Walgreens, YMCA, Key Food, Popeye's, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property / Home For Your Business!!! Income: Restaurant / Bar: $96,000 Ann. (Available) 4 Br. Apartment: $48,000 Ann. M-M. Garage: $13,800 Ann. (Available) Yard: $21,600 Ann. (Available) Gross Income: $179,400 Ann. Expenses: Propane: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Insurance: $2,600 Ann. Taxes: $1,635 Ann. Total Expenses: $4,485 Ann. Net Operating Income (NOI): $174,915 Ann. (Pro Forma 18.41 Cap!!!)

    Details
      Property type
    Commercial Sale
      Year built
    1966
      Heating
    -
      Cooling
    None
      Garage
    No
      City/Town
    Broad Channel
      Post Office
    Broad Channel
      Parking spots
    18
    L3462336
    MLS ID
    Closed
    Status
    Dec 4, 2024
    Closed
      Flooring
    –
      View
    –
    Exterior features
    –
    Lot features
    –
    Monthly taxes
    $136
    Yearly taxes
    $1,635
    Schools
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Richard Matt Shane
    Richard Matt Shane
    Real Estate Associate Broker, All Island Estates Realty Corp
    Direct Number 
     
    Building Info
    Address
    18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693
    Neighborhoods
    Broad Channel, Queens, New York City
    Year Built
    1966
    Number of Floors
    2.5
    Total Number of Units
    2
    Gross area
    3,800 sqft
    Frontage
    42 ft
    Depth
    60 ft
    Lot Usage
    Area square footage
    9,500
    Retail area
    1,330
    Commercial area
    1,330
    Residential area
    2,470
    Total residential units
    1
    Lot Info
    Block
    15,481
    Buildings on Lot
    1
    Lot
    630
    Lot location type
    5
    Width
    100 ft
    FAR
    Built Floor Air Ratio
    0.4
    Maximum Commercial FAR
    0.5
    Maximum Facility FAR
    1
    Maximum Residential FAR
    0.5
    Zoning
    Census Block (2010)
    107,201
    Census Tract (2010)
    1,035
    City Council District
    32
    Community District
    414
    Location
    Cross Street E. 18th Road
    For Sale Nearby
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    Listing by:
    18-02 Cross Bay Boulevard # 3, Broad Channel, NY 11693, is a 9500 sqft. Mixed Use built in 1966. This property is currently available for sale and was listed on OneKey® MLS on Invalid date. The MLS# for this Mixed Use is MLS# L3462336.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025
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