Nest Seekers

Prime Location ! Mix Use Building Situated in the Heart of Downtown Flushing.

New York, NY 11354

Listing

Web ID:5716901
Website:https://www.nestseekers.com/5716901

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio

Financials

Price:$2,599,000
Annual Taxes:$29,143

Description

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Open Floorplan
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of Prime Realty
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