150-05 Northern Boulevard, Flushing, NY, 11354
$3,298,000
Mixed Use
Commercial
Details
ML#: 3472353
- Sale or Rent:Sale
- Year Built: 2005
- Taxes: $75,000
- Status:Active
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
More Property Details
Lot Sq Ft: 1600
Sewer: Public Sewer
Taxes: $75,000
Zoning: R6A
Block: 5008
Lot: 37
Listing Information provided courtesy of
B Square Realty Inc
718-939-8388