$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
- Year built: 1950
- 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.
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: $489,912
Annual Expenses: $56,273
Net income: $433,639
Cap around 4.5%
Location
Undisclosed Address Northern Boulevard, New York, New York 11358