Exceptional mixed-use investment opportunity featuring a newly constructed building with strong income potential and long-term upside. The property offers a full street-facing retail space on the ground floor with a full basement, ideal for a variety of commercial uses. Gas line connected, providing flexibility for food or service-based tenants. The upper levels include two full-floor residential apartments, each designed with efficient 3-bedroom, 1-bathroom layouts. The second floor features a private terrace, while the third floor includes a balcony, appealing to both end-users and tenants. Located in a high-demand area with strong foot traffic and convenient access to transportation, shopping, and neighborhood amenities. This property is well-positioned for both investors and owner-users seeking stable income and future appreciation.
Whitestone, located between Flushing Bay and the East River, is a residential and waterfront New York neighborhood with low-rise streetscapes and broad bay views. The neighborhood’s character concentrates along 150th Street near 14th Avenue, where bakeries, longtime delis, and small storefronts set a steady, local rhythm. Detached brick and Tudor-style houses, tidy front lawns, and curving blocks define much of the architecture. Francis Lewis Park frames the shoreline with promenades and benches facing the Throgs Neck Bridge. Whitestone Lanes and the Whitestone Cinemas add old-school recreation to the mix. Little Bay Park and the Cross Island Parkway edge give the area a breezy, outdoors-forward geography.
Provided by Walk Score and Local Logic
Market insights
150-24 12th Rd · $2,098,000
DAYS ON MARKET
1 days
The average home goes pending in 43 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
LIST PRICE
$2,098,000
Median sale price in this area is $899,000. (57% lower than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Open floor plan
Finished basement
Heating & cooling
Electric heating
Electric cooling
Home design
Triplex
Parking
Two assigned parking spaces
Construction
Brick construction
Utilities
Public sewer
Electricity available
Natural gas available
Electricity and solar
View estimated energy costs and solar savings for this home