There are multiple nearby subway stations and many available bus lines.
Yangzi Realty LLC has been retained on an exclusive basis to arrange for the Sale of 23-02 & 23- 04 Jackson Avenue, Long Island City, N.Y. The subject consists of two adjacent mixed-use properties located on the corner of Jackson Avenue and Davis Street. The properties feature 3 (Three) retail and 8 (Eight) 100% Free Market residential units.
There is also an additional 6,000 square feet of available air rights for immediate add value. Additionally, there are 2 (two) Storage Spaces in the basement of 23-02 Jackson Avenue,120 SF Each and can be separately rented to residents or to commercial tenants for the storage use. Located on this prime stretch of Jackson Avenue near such landmarks such as the Citigroup Tower, 5Pointz and MoMa PS1, the subject is in the most active hotbed of Long Island City development.
There are multiple nearby subway stations and many available bus lines. Fast road access is available to the Queensboro Bridge, Midtown Tunnel, Long Island Expressway, Queens Boulevard and the Pulaski Bridge (connecting to Greenpoint / Williamsburg, Brooklyn). With strong existing tenancy, long term leases and prime LIC location the properties offer an amazing investment opportunity. Given available air rights and the unique nature of this location, the properties pose a rare and special opportunity for developer, investor and to 1031 exchange buyer. The Properties are within a Qualified Opportunity Zone