Home Details for 75-01 88th Street

Exceptional income-producing mixed-use property located in the highly desirable Glendale section of Queens. This versatile asset features a strong mix of commercial and residential units, offering both immediate cash flow and value-add potential. The commercial component includes an approx. 400 s/f fully operational restaurant currently utilized as a ghost kitchen generating $4,180/month, an approx. 650 s/f separate office building delivered vacant and ideal for owner-use or lease-up, three garages each rented at $300/month, and an additional driveway with rear oversized 2 vehicle garage space leased for $1,500/month lease expires January 2027. The residential portion consists of three units: 1R features an eat-in kitchen, living room/dining area, three bedrooms, and one full bathroom. Currently rented for $2,200 per month with no lease. 2R is a spacious 3-bedroom duplex currently vacant and ready for occupancy Projected monthly rent is $3,200. 2F offers an Eik, Lr, 2 bedrooms and 1 full bathroom. Currently rented for $1,500 per month with no lease. Tenants are responsible for their own cooking gas and electric, helping to minimize owner expenses. The property is equipped with gas heating and full basements. This property presents a rare opportunity for investors or end-users seeking a stable, diversified income stream with upside potential. Conveniently located near major transportation, shopping, and local amenities. Don’t miss the chance to own a prime mixed-use building in a thriving Queens neighborhood.

• Parking

  • Assigned
  • Driveway
  • Garage
  • Off Street

• Cooling Information

  • None

• Heating Information

  • Natural Gas

• Water Features

  • Public

• Utilities

  • Electricity Connected

• Basement

  • Full