Two Stories corner commercial property plus many parking spots on Northern Blvd.
| Website: | https://www.nestseekers.com/5461570 |
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| Address: | New York, NY 11358 |
| Ownership: | For Sale |
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| Type: | Retail |
| Bedrooms: | Studio |
| Lot Size: | 0.3 Acres |
Financials
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
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24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
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| Listing Courtesy of Keller Williams Rlty Landmark | |
