PRIME NORTHERN BOULEVARD INVESTMENT OPPORTUNITY FOUR BUILDING PACKAGE 6, 900, 000 Excellent opportunity to acquire four adjoining commercial properties located at 164 03, 164 05, 164 07, and 164 09 ...
164-03/05/07/09 Northern Blvd
New York, NY 11358
Listing
| Web ID: | 5820959 |
|---|---|
| Website: | https://www.nestseekers.com/5820959 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Bedrooms: | Studio |
Financials
Price:$6,900,000
Annual Taxes:$86,238
Description
PRIME NORTHERN BOULEVARD INVESTMENT OPPORTUNITY – FOUR-BUILDING PACKAGE – $6,900,000
Excellent opportunity to acquire four adjoining commercial properties located at 164-03, 164-05, 164-07, and 164-09 Northern Boulevard, Flushing, NY 11358.
The package offers approximately 4,515 SF of land and 6,704 SF of building area, with R5B/C2-2 zoning. Ideally situated along Northern Boulevard, a well-established commercial corridor offering excellent visibility, strong neighborhood presence, and convenient access to shopping, restaurants, and transportation.
Currently generating approximately $304,428 in annual rental income, with additional upside potential from one vacant second-floor space at 164-07 Northern Boulevard. At an estimated monthly rent of $2,500 for the vacant space, potential annual rental income could reach approximately $334,428.
Annual property taxes: $86,238.
An attractive opportunity for investors seeking an income-producing commercial property portfolio with additional leasing potential in Flushing, Queens.
Asking Price: $6,900,000. All Four Properties Offered Together as One Package.
Amenities
- Electricity Connected
- Natural Gas Available
Contact
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
Listing Courtesy of Apple Realty Group Corp