New

$3,990,000

For Sale

3 hours ago

73-20 Grand Avenue, New York, NY

Name: 73-20 Grand Avenue, For Sale in New York - eXp Realty
Brand: O Kane Realty
SKU: 972095
Price: 3990000 USD

MLS® 972095

0 Bed

0 Bath

10 Parking

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $37,178

Days Active 0

Approx. Age 1950

MLS® Number 972095

Property Address: 73-20 Grand Avenue, New York, NY, 11378

Average square foot calculated using Size range provided by listing agent.

Description

A fantastic opportunity awaits for investors, users, or developers. This free-standing corner retail strip center is ideally positioned on Grand Avenue in the heart of a thriving retail corridor. The highly visible end-cap unit is currently available, offering an excellent option for a wide range of retail or office uses. The property is anchored by two long-standing, fully performing tenants that generate strong, reliable income—helping to offset the majority of operating expenses. In addition, the rear 3, 000 square foot paved lot provides valuable flexibility for parking, outdoor storage or additional income. The strong multiple zoning Districts of C2-2 and R6B allow for both commercial and residential use. The large lot size should allow for over 10, 000sf of additional buildable space for a possible second and third floor to be added to the existing structure. This sale also includes a seperate 25 x 120 rear lot Zoned R4-1.The building has undergone extensive recent renovations, including a $1 million investment in systems and infrastructure, ensuring modern functionality and long-term value. Conveniently located between the Long Island Expressway and Queens Boulevard, the property benefits from outstanding accessibility, with the E, F, and R subway lines nearby, as well as the MTA Q59 bus stopping directly in front. The surrounding area features prominent national retailers and neighborhood anchors, along with three nearby NYC schools that help drive consistent foot traffic. Adding to its unique appeal, the property carries a touch of cinematic history—featured as “The Suite Lounge” in the film Goodfellas. The seller is also willing to hold a highly attractive mortgage, making this an even more compelling investment opportunity

MLS® Number972095

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1950

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 18, 2026List Date

$3,990,000List Price

Commute

Commute

Starting Address

Destination Address

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