Skip To Content

112-21 Farmers Boulevard

St. Albans, NY 11412
  • $1,099,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 935219
$1,099,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

School District:

Description

Retail & Residential Mixed Use Building With 9.6% Cap Rate. 3 Units, Fully Rented, High Monthly Cash Flow, ($10,706) Gross Operating Income ($128,472 Annual). Pharmacy ground floor, 2 Residential Rental Apts Second Floor. 1 2 Bedroom, 1 3 Bedroom. All Leases Expire 2028. Busy Commercial Location. This Multi Family/Retail Investment Property Has Solid Financials, With Escalating Retail Lease, and Low Expenses. Great Opportunity For All Investors.

Monthly Payment Calculator



© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-14T00:18:06.61.
www.nicoleburkehomes.com/homes/169871034
Print Image

112-21 Farmers Boulevard St. Albans, NY 11412

  • Price: $1,099,000
  • Status: Active
  • On Site: 121 Days
  • MLS #: 935219
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
School District:
Queens 25
Property Description
Retail & Residential Mixed Use Building With 9.6% Cap Rate. 3 Units, Fully Rented, High Monthly Cash Flow, ($10,706) Gross Operating Income ($128,472 Annual). Pharmacy ground floor, 2 Residential Rental Apts Second Floor. 1 2 Bedroom, 1 3 Bedroom. All Leases Expire 2028. Busy Commercial Location. This Multi Family/Retail Investment Property Has Solid Financials, With Escalating Retail Lease, and Low Expenses. Great Opportunity For All Investors.
Exterior Features

Construction Materials Brick Cross Street 112 Ave Direction Faces North Overhead Door Height 7 Parking Features On Street Property Attached YN No Stories 2 Stories Total 2 Waterfront YN No

Interior Features

Appliances Gas OvenGas RangeOvenRefrigeratorGas Water Heater Basement Details Storage SpaceUnfinished Basement YN Yes Ceiling Height 12 Common Walls 2+ Common Walls Cooling Central AirWall/Window Unit(s) Electric 200+ Amp Service Elevator YN No Entry Level 1 Flooring Combination Number Of Heat Units 3 Number Of Heating Zones 3

Property Features

Annual Rental Income 128472 Building Area Total 2460 Business Type Mixed Electric Company Con-Edison Gross Income 128427 Heating BaseboardElectricNatural Gas Listing Terms CashContractConventional Lot Size Area 1848 Net Operating Income 106424 Number Of Residential Units 2 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Operating Expense 21900 Property Condition Actual Property Sub Type Multi Family Road Frontage Type Municipal Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 14000 Tax Section 48-04-01 Tax Source Municipality Tenant Pays ElectricityGasHeat Usable Area 2460.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected Water Access YN No Water Source Public Zoning R5B

Listing courtesy of Leticia J. Allocca Cbr of Leticia J Allocca: 516-507-2736
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-14T00:18:06.61.
 
https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_935219-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_935219-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_935219-1.jpg
Logo
Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803