2005 built, prime location mixed use building situated in the bustling neighborhood of Flushing, NY along busy main throughway Northern Blvd.


Property

Website:https://www.nestseekers.com/3443772
Address:
150-07 Northern Boulevard
Flushing, NY 11354
Cross street:150th St
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 1600 sq ft

Financials

Price: $3,800,000
Annual Taxes: $84,991

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Description

2005-built, prime location mixed-use building situated in the bustling neighborhood of Flushing, NY along busy main throughway Northern Blvd. This well-maintained property consists of a ground-floor retail space occupied by a long standing pharmacy with long term lease in place. Basement is an internet cafe w lease till 2026. Four upper floor residential free-market rental apartments: two 3-bedroom, 2-bathroom units and two duplex 2-bedroom, 2-bathroom units. The property has a strong and long-term tenant base, with good-paying tenants and almost never had any vacancy. Rents can go up at next renew. The building is easy to manage and well-maintained, providing a hassle-free investment opportunity for potential buyers. Flushing is a rapidly growing neighborhood, known for its diverse culture and thriving business district. This mixed-use property presents a significant appreciation potential, as the area continues to develop and attract new businesses and residents.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Fultonex Realty LLC