New York, NY 11358

Property

Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.3 Acres

Financials

Price:$9,999,888
Annual Taxes:$86,200
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Keller Williams Rlty Landmark

Two Stories corner commercial property plus many parking spots on Northern Blvd.

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%

Amenities

  • Lobby
  • Storage

Long Island MLS

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.