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7932 Metropolitan Ave

7,992 SF Retail Building Middle Village, NY 11379 $3,930,295 CAD ($492 CAD/SF)

Investment Highlights

  • Distinct Architecture Stands Out In The Vibrant Urban Setting.
  • Development Potential As Having Additional Air Rights To The Property.
  • Offers Multiple Sources of Mixed-Use Rental Revenues

Executive Summary

Prime America Real Estate, Inc is delighted to present 7928-7932 Metropolitan Avenue - a unique opportunity spanning 7,500 sq.ft. with parking spaces, this property stands out with its distinct architecture in the most desirable location of Middle Village, conveniently located near commercial hub near shopping centers, banks and public transportation.
This property is a versatile gem, perfect for both astute investors and visionary end-users. It includes a residential apartment as well as two spacious commercial/retail/restaurant spaces, each equipped with a full kitchen setup, ready to accommodate any culinary or retail venture. The property's unique architecture and prime location ensure it stands out, attracting both customers and potential tenants.
Beyond its commercial appeal, the residential apartment is ideal for a live-in owner or generating additional rental income.
The property offers multiple sources of mixed-use rental revenues. The second floor presents a vast recreational area complemented with two full commercial restrooms, offering endless possibilities for expansion or innovative use.
With additional air rights, it offers development potential, promising profitability and growth for long-term investment. Whether you're an entrepreneur seeking a bustling restaurant location, a business owner looking for a flagship retail space, or an investor interested in mixed-use development, this property is your gateway to success.
Don't miss this extraordinary opportunity. Schedule a private tour today and experience first the unmatched versatility and potential of this remarkable property, presented by Prime America Rea Estate.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,992 SF
Building Class
C
Year Built
1931
Price
$3,930,295 CAD
Price Per SF
$492 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Land Acres
0.17 AC
Zoning
R5, C2-3 - Suitable for medium-density residential and local retail uses.
Parking
5 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
73 ft on Metropolitan Ave

Amenities

  • Atrium
  • Courtyard
  • Restaurant
  • Signage
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

TD Bank
Chase Bank
Capital One
Webster Bank
Ctown
Starbucks
Chili's Grill & Bar
New York Sports Clubs
Valley National Bank
Tiger Schulmann's Martial Arts

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03780-0023
Land Assessment
$161,425 CAD
Improvements Assessment
$266,099 CAD
Total Assessment
$427,524 CAD
  • Listing ID: 32395356

  • Date on Market: 2024-07-09

  • Last Updated:

  • Address: 7932 Metropolitan Ave, Middle Village, NY 11379

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