106-15 Northern Blvd - Storefront Retail/Residential FOR SALE


Flushing, NY 11368
$3,999,000 USD
347-628-8818
106-15 Northern Blvd, Flushing, NY for Sale
$3,999,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

106-15 Northern Blvd
Flushing, NY 11368


HIGHLIGHTS

  • This property is in a prime location, highly accessible, with a variety of amenities and services nearby.
  • All units are currently leased, providing steady, immediate cash flow for the new owner.
  • Tenants are responsible for their own utilities (gas and electric are sub-metered).
  • The two commercial tenants are paying 50% of the water bill, simplifying property management and reducing owner costs.
  • The property is zoned R6A, C2-4, offering the potential for further development.
  • This is an exciting opportunity for investors looking to expand or develop in the future.

OVERVIEW

Fully leased mixed-use property with development opportunity. B SQUARE REALTY is pleased to present a three-story mixed-use building with an adjacent tire shop situated on a corner lot with a lot size of 5,500 SF. It includes one commercial unit on the ground floor, two residential units on the upper floors, and a tire shop on the adjacent lot. The property was well-maintained, the roof was replaced 10 years ago and remains in good condition. As the tenants are responsible for their own utilities, the building is easy and cost-effective to maintain.

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$864 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,500 SF

ZONING

R5, Queens (K4)

APN/PARCEL ID

01701-0073

ASK ABOUT THIS PROPERTY

Barbie LiB Square RealtyMore Info
347-628-8818

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Barbie LiB Square RealtyMore Info
347-628-8818

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