Undisclosed Address Northern Boulevard, Flushing, NY 11358
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
2
$9,999,888
Home Details for Undisclosed Address Northern Boulevard
Price
$9,999,888
Type
Commercial Sale
Lot size acres
0.25
County
Queens
Basement
Finished
Days on site
36
MLS Listing#
997116
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%
Property Features
Cooling Information
Central Air
Heating Information
Natural Gas
Water Features
Public
Utilities
See Remarks
Parking
Parking Lot
Basement
Finished
School Information
School Information for Undisclosed Address Northern Boulevard, Flushing, NY 11358
Elementary School
Ps 107 Thomas A Dooley
Middle School
Is 25 Adrien Block
High School
Francis Lewis High School
Listing Courtesy: Keller Williams Rlty Landmark - 718-475-2700