7101 Park Ave
Listing Notes
Great investment opportunity in a prime location! This mixed-use property features two residential units and a commercial space, offering strong income potential. The first apartment offers 2 bedrooms and 1 bathroom, currently rented for $1,500/month, while the second unit is a 1-bedroom, 1-bathroom also generating $1,500/month. Both residential units are on a month-to-month basis, providing flexibility for future adjustments. Just one block from Blvd East and the New York City skyline, this opportunity is in a prime location that can't be beat. The ground-level commercial space is occupied by a supermarket with a 10-year lease currently in its 7th year, paying $3,000/month, ensuring stable, long-term income. As an added bonus the property also features 3 parking spaces in the rear of the building with additional income of $730 monthly being generated from these spaces. Conveniently located near shops, dining, and transportation, this property is ideal for investors seeking a well-positioned, income-producing asset with growth potential.
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $449,000 to $1,150,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 7004 Kennedy Blvd E Apt 28C | $449,000 | 2 bd · 2 ba |
| 7004 Kennedy Blvd E Apt 8C | $449,000 | 3 bd · 4 ba |
| 7004 Kennedy Blvd E Apt 27B | $449,900 | 2 bd · 3 ba |
| 7004 Kennedy Blvd E Apt 40G | $459,000 | 2 bd · 2 ba |
| 7002 Kennedy Blvd E Apt 30B | $468,000 | 2 bd · 3 ba |
| 7004 Kennedy Blvd E Apt 31A | $475,000 | 3 bd · 4 ba |
| 7004 Kennedy Blvd E | $485,000 | 2 bd · 3 ba |
| 7004 Kennedy Blvd E Apt 5L | $485,000 | 2 bd · 3 ba |
| 7002 Kennedy Blvd E Apt 35F | $525,000 | 3 bd · 3 ba |
| 7004 Kennedy Blvd E Apt 22B | $539,000 | 2 bd · 4 ba |
| 7002 Kennedy Blvd E Apt 38G | $545,000 | 2 bd · 3 ba |
| 6600 Kennedy Blvd E Apt 19L | $565,000 | 2 bd · 2 ba |
| 216 74th St | $599,000 | 5 bd · 2 ba |
| 208 70th St | $635,000 | 5 bd · 2 ba |
| 309 73rd St | $699,000 | 3 bd · 3 ba |
| 219 72nd St | $715,000 | 4 bd · 3 ba |
| 219 72nd St | $715,000 | 4 bd · 4 ba |
| 209 71st St | $749,500 | 4 bd · 3 ba |
| 12 68th St | $820,000 | 5 bd · 2 ba |
| 31 72nd St | $999,999 | 4 bd · 3 ba |
| 17 77th St | $1,099,000 | 4 bd · 3 ba |
| 7004 Kennedy Blvd E Apt 44B | $1,100,000 | 3 bd · 3 ba |
| 132 72nd St | $1,145,000 | 7 bd · 3 ba |
| 218 68th St | $1,150,000 | 7 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more