Buy with Yoreevo
$3,920,175
List Price: $3,990,000
Share Listing
Save Listing
158-15 Union Turnpike #1A
Condo in Pomonok •  building info
studio
Buy with Yoreevo

$3,920,175

List Price

$3,990,000

Key Details
Days on market
16
Last price change
loading...
Estimated payment
$23,650/mo
Taxes
$2,120/mo
Maintenance
N/A
Description
Presenting Retail Condo Unit 1A in a modern mixed-use condominium building built in 2018, located in the heart of Fresh Meadows. This ground-floor commercial unit offers approximately 9,748 SqFt and benefits from excellent visibility, strong pedestrian traffic, and a highly desirable location. Previously leased at $28,000 per month on a triple-net (NNN) basis, this property presents an attractive investment opportunity with a cap rate approaching 9%. The property also benefits from a tax abatement in place through 2033, helping to reduce operating expenses and enhance overall returns. Zoned R5D, the space accommodates a wide range of permitted uses, including retail, office, medical, community facility, and more, providing flexibility for both investors and owner-users. Situated in a thriving neighborhood with strong demographics and convenient access to major roadways, public transportation, and nearby shopping destinations, this is a rare opportunity to acquire a substantial commercial condominium in one of Queens' most sought-after markets. For more information or to schedule a private tour.

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,990,000
Asking Price: $3,990,000
Term
30 Years
Down Payment
$399,000 (10%)
Min: 10% (399,000)
Rate
6.0 %
Mortgage Amount
$3,591,000
Mortgage Payment
$21,530
Taxes
$2,120
Estimated Yoreevo rebate
$69,825
Estimated closing cost
$154,000
Total monthly cost $23,650
Buy your dream home with us and get an estimated $69,825 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Rlty Landmark

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.