Two Stories corner commercial property plus many parking spots on Northern Blvd. in E. Flushing for sale.Zoning: R5B / C2-2. Built in 1950. Hi-end Renovated in 2021.Lot Frontage: 107 Ft. Lot Depth: 100 Ft.Lot size: 10,675 Sq Ft.Building Width: 48 Ft. Lot Depth: 93 Ft.Building size: 10,284 Sq Ft above grade, plus 3,438 Sq Ft in Cellar.Total 13,722 Sq Ft.The whole property is leased by long term tenants. Stable income investment with an upside potential.It can't be delivered vacant.'Three leases end around 2028, 2030 or 2032.* Rental income: $489,912Annual Expenses: $56,273Net income: $433,639Cap around 4.5%
Listing By
Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700
Shown By
Agent Name: Roz Khan
Agent Phone: (917) 977-1507
Agency Title: Howard Hanna | Coach Realtors
Undisclosed Address Northern Boulevard | MLS# 997116
This commercial property located at Undisclosed Address Northern Boulevard, Flushing, NY 11358 is currently listed for sale with an asking price of $9,999,888. Undisclosed Address Northern Boulevard is located within the Queens 26 school district. Search Flushing real estate on rkhan.coachrealtors.com today.