Apt: E19
New York, NY 11354

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 5.8 Acres

Financials

Price:$2,950,000
Annual Taxes:$11,322.28
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Yaos Realty LLC

Leased office condominium investment at SkyView Center, 131 07 40th Road, Unit E19 Suite E26, Flushing.

Description

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E19 (Suite E26), Flushing. 3,071 rentable SF / 2,303 usable SF, 100% leased on a triple-net basis to an established healthcare-services tenant; tenant pays real estate taxes, insurance and operating expenses. Current annual NNN rent approx. $231,408, a 7.84% cap rate at the asking price. Lease runs through 10/31/2027 with a 6-month tenant option to 4/30/2028, offering in-place income today and flexibility for a future owner-user. Real estate tax abatement with approximately 4 years remaining (per owner). SkyView Center offers a 2,500-space, six-level parking garage, national retail anchors and the SkyView Wellness medical suites, minutes from the Flushing-Main St 7 train and LIRR. Also available as part of a 5-unit SkyView portfolio. Financial package available upon execution of a confidentiality agreement. Tenant occupied; 24-hour notice required for showings.

Amenities

  • Electricity Connected
  • Water Connected

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.