Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Bedrooms: | Studio |
| Lot Size: | 0.3 Acres |
Financials
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
Listing Courtesy of Keller Williams Rlty Landmark
Two Stories corner commercial property including 3 stores and offices plus many parking spots on Northern Blvd.
Description
Two Stories corner commercial property including 3 stores and offices plus many parking spots on Northern Blvd. in E. Flushing for sale.
Store #2 ALSO for lease: 1,500 SF on the first floor, plus a storage room in the basement, & 3 parking spots.
Monthly rent $8,500, plus 20% of the real estate tax, total $10,000 per month. 2 months rent as the deposit.
Available around 1.5 months after the lease is duly signed.
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 2027, 2030 or 2032.”
* Rental income: $489,912
Annual Expenses: $56,273
Net income: $433,639
Cap around 4.5%
Amenities
- Lobby
- Storage

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.