by RH Advisors

See Home Value
$1,999,000
Commercial - Off Market

98-53 63rd Road

Rego Park, NY 11374
bedrooms
Studio
bathrooms
0 Bath
$2,151,188
RealtyHop Estimate
7.61%
Since Dec 1, 2022
NY-New York
Primary Model

About This Property

Calling All Investors, Restauranteurs & Developers!!! 2 Unit Mixed-Use Restaurant Building For Sale!!! The Property Features Excellent Signage, Great Exposure, 2 Br Apartment, Full Basement, Separate Meters, Strong Zoning, Low Taxes, +++!!! Located In The Heart Of Prestigious Rego Park!!! Neighbors Include Costco, REGO Center, Macy's, CVS, ALDO, IKEA, Retro Fitness, +++!!! The Property Is Currently Home To A Highly Successful Pizzeria That's Been In Business For 37+ Years So Far!!! Located In The Heart Of Prestigious Rego Park The Property Offers Easy Access To The 495 Expressway, Queens Blvd., Van Wyck Expressway, Woodhaven Blvd., +++!!! Both Tenants Pay Their Own Gas & Electric. The Building Has Zoning R7-1, C1-3 And Residential FAR 3.44 And Facility FAR 4.8. According To The Owner You Can Build Another 2 Floors!!!   See Attached for Add'l Info & Expenses
Unit Size
-
Days on Market
-
Land Size
0.02 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$506
HOA Dues
-
Year Built
1950
Last updated: 2 years ago (OneKey MLS #3399495)

Price History

Date / Event Date Event Price
Jan 9, 2023 Withdrawn -
Withdrawn
Sep 14, 2022 Price Decreased $1,999,000
↓ $454K (18.5%)
Price Decreased
Jul 26, 2022 Price Decreased $2,453,440
↓ $335K (12%)
Price Decreased
May 13, 2022 Listed by All Island Estates Realty Corp $2,788,000
Listed by All Island Estates Realty Corp

Property Highlights

Exterior Details

Property Information

Square Footage: 2160

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Area: 0.02
Lot Size Units: Acres
Lot Size Acres: 0.02
Financial Details
Tax Annual Amount: $6,076


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,000,000 Jul 19, 2021
$2,000,000 Mar 28, 2022
-
House
4 Beds
3 Baths
-
$1,820,000 Apr 8, 2022
$1,820,000 Nov 17, 2022
$1,398/mo
Multifamily
4 Beds
5 Baths
-
$1,850,000 Mar 10, 2021
$1,850,000 Jun 14, 2021
$1,351/mo
Multifamily
11 Beds
5 Baths
-
$1,620,000 Jun 3, 2022
$1,620,000 Oct 18, 2022
$1,343/mo
House
6 Beds
3 Baths
-
$1,800,000 May 13, 2019
$1,800,000 Oct 3, 2019
$1,123/mo
House
4 Beds
5 Baths
-
$1,818,000 Jul 29, 2022
$1,818,000 Jan 24, 2023
$631/mo
Commercial
Loft
-
-
$1,849,000 Jun 21, 2022
-
$3,014/mo
Commercial
Loft
-
-
$1,930,000 Oct 17, 2022
-
-
Commercial
Loft
-
-
$1,850,000 Nov 6, 2022
-
$1,766/mo
Commercial
Loft
-
-
$2,328,000 Oct 2, 2022
-
$1,181/mo
Commercial
Loft
-
-
$1,650,000 Jun 6, 2022
-
$58/mo
Commercial
Loft
-
-
$2,360,000 Feb 16, 2023
-
$612/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211006
10/06/2021
Loft
-
-
$1,999,000
bedrooms
Loft
bathrooms
-
-
-
-
Rita Mahgerefteh
Prime Realty

Building Info

98-53 63rd Road 98-53 63rd Road, Rego Park, NY 11374
  • 2 Units
More about this Building
98-53 63rd Road
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