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$ 9,999,888
Est. payment | /mo
0.25 Acres Lot
$ 9,999,888
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 997116
Rental Info No
Annual Tax Amount $86,200
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Retail
Source onekey2
Property Description
Two Stories corner commercial property plus many parking spots on Northern Blvd. in E. Flushing for sale.
Renovated already.
Lot size: around 11,000 Sq Ft.
Building size: around 11,000 Sq Ft. above grade, plus around 3,500 Sq Ft in Cellar.
Total around 14,000 Sq Ft.
Asking price $9,999,888.
The whole property is leased by long term tenants. Stable income investment with an upside potential.
Several leases end around 2031.
Annual Rental Income: around $500,000
Annual Expenses: around $50,000
Annual Net income: around $450,000
Cap around 4.5%
Renovated already.
Lot size: around 11,000 Sq Ft.
Building size: around 11,000 Sq Ft. above grade, plus around 3,500 Sq Ft in Cellar.
Total around 14,000 Sq Ft.
Asking price $9,999,888.
The whole property is leased by long term tenants. Stable income investment with an upside potential.
Several leases end around 2031.
Annual Rental Income: around $500,000
Annual Expenses: around $50,000
Annual Net income: around $450,000
Cap around 4.5%
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available See Remarks
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 107 Thomas A Dooley
Middle Schools Is 25 Adrien Block
High Schools Queens 26
School District Queens 26
Others
Special Listing Condition None
Listed by Keller Williams Rlty Landmark • Champion Wu
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