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Commercial Retail and Offices for Sale in Middle Village

Two Investment listings Available.
By James Turano
347-837-9206
Commercial Properties in
Middle Village, NY.

One huge Detached 12,000 Sq ft Commercial Building. Retail and Offices.
Huge Price Drop. From $4.5 Million to
$4 Million Asking.
Location Triple AAA
Eliot Avenue and 74 street.

Detached 12,000 Sq ft Commercial Building
New Asking Price as of
September 10 th is
$4 Million dollars.

Breakdown for
74-02 Eliot Avenue.

Up to date Rents
Phillies 1st floor $7500 Pizzeria
Phillies 2nd floor$3500 Catering for Pizzeria.
Front left store
Being rented now 1st floor $5,500
Vacant Space 2nd floor $3000 (offices on the market to show)

Basement Tenant $4176.00. Dance Studio

Roof Antennas
Tmobile. $2300
Verizon. $2000

Total income. $27,976.00 monthly

Yearly $335,712.00
According to several Brokers, buyers in 2023 have been purchasing at and between
12-13 times yearly income.
In 2024 average sale is
11.5 times yearly

James Turano/ Broker
James Turano Inc.
347-837-9206

Other Property for sale on Metropolitan Avenue. Two stores plus office plus apartment. Asking price now $2 Million.