150-05 Northern BLVD Active

Flushing,NY 11354

$ 3298000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3472353

Originating Board onekey2

Rental Info No

Year Built 2005

Annual Tax Amount $75,000

Lot Dimensions 20x80

Property Description

150-05 Northern Blvd, a 2005-built, 7,850 SF mixed-use building situated in the bustling neighborhood of Flushing, NY. 5% CAP rate. This well-maintained property consists of a ground-floor retail space (currently configured as a restaurant) and four residential apartments: two 3-bedroom, 2-bathroom units and two duplex 2-bedroom, 2-bathroom units. The property has a strong tenant base, with good-paying tenants and a history of low vacancy. Portion of RE tax paid by retail tenant. The building is easy to manage and well-maintained, providing a hassle-free investment opportunity for potential buyers. Flushing is a rapidly growing neighborhood, known for its diverse culture and thriving business district. This mixed-use property presents a significant appreciation potential, as the area continues to develop and attract new businesses and residents., Building Size:20 ft x 70ft

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Private Pool No

Building

Sewer Public Sewer

Others

Special Listing Condition None

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