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$ 3,298,000
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$ 3,298,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Back On Market
Purchase Type For Sale
MLS Listing ID KEYL3472353
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 2005
Annual Tax Amount $75,000
Lot Dimensions 20x80
Property Sub-Type Mixed Use
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
Listed by B Square Realty