$9,999,888 USD
Retail Property for Sale, Undisclosed Address Northern Boulevard, New York, New York 11358
- MLS#997116
Listed By Keller Williams Rlty Landmark
The Retail Property for Sale located at Undisclosed Address Northern Boulevard, New York, New York 11358 is currently for sale. Undisclosed Address Northern Boulevard, New York, New York 11358 is listed for $9,999,888.
Property features
Property
- Features: ElevatorsBasement
Construction
- Construction: Brick
- Basement and foundation: Finished Basement
Parking/Garage
- Parking description: Parking Lot
Heating and Cooling
- Heating system: Natural Gas
- Cooling system: Central AC
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%
Location
Undisclosed Address Northern Boulevard, New York, New York 11358