Prime investment opportunity in the heart of Flushing !
| Website: | https://www.nestseekers.com/4833213 |
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| Address: | Apt: CU8 New York, NY 11354 |
| Ownership: | For Sale |
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| Type: | mixed-use |
| Bedrooms: | Studio |
Financials
Description
Prime investment opportunity in the heart of Flushing! Unit CU8 is a street-level commercial condo located on the iconic Main Street. Boasting 935 square feet of usable interior space, the property is currently leased to a long-term, stable food service tenant (fried chicken) with monthly rent of $10,300. Lease runs through the second half of 2026. Tenant is responsible for interior maintenance
The landlord currently pays $24,000 annually towards property taxes; the tenant covers any overage. Located in a mixed-use elevator building, steps from the 7 train, Skyview Mall, and major transit lines. High foot traffic, excellent visibility, and strong retail synergy make this unit a rare find for investors or 1031 exchange buyers.
Amenities
- Underground Utilities
- Water Connected
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1 718-707-0200 Fax: +1 718-707-0233 | |
| Listing Courtesy of E Realty International Corp | |