Mixed-Use Investment Property in Springfield Gardens, NY 11413 – Fully Rented Excellent investment opportunity in the heart of Springfield Gardens! This well- maintained mixed-use property features a ground-floor deli with strong neighborhood visibility, plus a renovated three-bedroom residential apartment above—both fully leased with reliable tenants in place. The commercial space operates as a deli and benefits from steady foot traffic, established local clientele, and long-standing community presence. The updated 3- bedroom apartment offers modern finishes, spacious rooms, and solid rental income, making this an attractive, turn-key investment. Located near major thoroughfares, schools, public transportation, and local conveniences, this property provides stable cash flow and long-term growth potential in a highly desirable Queens neighborhood. Perfect for investors seeking a hands-off, income-producing asset from day one. The property is also being offered for sale together with profitable business for a total price of $1,198,000. Subject to E&O.
For sale
$1,040,000
18413 140th Ave, Springfield Gardens, NY 11413
--beds
1,824sqft
Mixed Use
Built in ----
1,746 Square Feet Lot
$1,025,000 Zestimate®
$570/sqft
$-- HOA
What's special
Modern finishesRenovated three-bedroom residential apartmentSpacious rooms
- 5 days |
- 37 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 08:01am
Listing by:
Equity Essentials LLC 718-413-8333,
Halyna Chyrva 914-374-1896,
John J. Corrado 718-864-3635,
Equity Essentials LLC
Source: BNYMLS,MLS#: 497804
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas, Steam/Radiator
Cooling
- Has cooling: Yes
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile
- Windows: Display Window(s)
- Basement: Finished,Full
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Property
Parking
- Parking features: Street, None
- Has uncovered spaces: Yes
Lot
- Size: 1,746 Square Feet
- Dimensions: 18x97
- Features: Back Yard, Irregular Lot
Details
- Parcel number: 130220117
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Brick, Masonry
- Foundation: Concrete Perimeter
- Roof: Flat
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers
Community & HOA
Community
- Subdivision: Queens
Location
- Region: Springfield Gardens
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $618,000
- Annual tax amount: $5,606
- Date on market: 12/10/2025
- Cumulative days on market: 7 days
- Total actual rent: 79200
Estimated market value
$1,025,000
$974,000 - $1.08M
$3,782/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $1,040,000+60%$570/sqft |
Source: | ||
| 5/10/2021 | Sold | $650,000$356/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $37,080 -3.9% |
| 2023 | -- | $38,580 +22% |
| 2022 | -- | $31,620 +8.2% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Springfield Gardens
Nearby schools
GreatSchools rating
- 3/10Cynthia Jenkins SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Collaborative Arts Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Excelsior Preparatorty High SchoolGrades: 9-12Distance: 0.3 mi
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