133-47 Sanford Ave - Loft/Creative Space FOR SALE


Flushing, NY 11355- Downtown Flushing
$3,000,000 USD
917-539-0402
133-47 Sanford Ave, Flushing, NY for Sale
$3,000,000 USD
Loft/Creative Space - FOR SALE
1/10
null | Request Cap Rate

133-47 Sanford Ave
Flushing, NY 11355
Downtown Flushing


HIGHLIGHTS

  • 16,633 SF Parking Garage Commercial Condominium.
  • 120-Space Garage Located at the Base of 13-Story Condo Building in the Heart of Downtown Flushing.
  • Opportunity to Acquire a Full Service Garage Located Right off the Corner of Main Street - The Busiest Street in Queens.

OVERVIEW

The subject offering is a 16,633 square foot parking garage commercial condominium, with 120 parking spaces, located at the base of a 58-unit condominium building on Sanford Avenue in Flushing (Queens), NY. The 13-story luxury condo building was constructed brand new in 2000. The offering is currently operating as a full service parking garage with a combination of monthly and daily/hourly parking. The garage is currently being run by a single-unit operator with no lease in place, and the unit can be delivered vacant at closing. The property rests on Sanford Avenue, one building off the corner of Main Street, in prime Downtown Flushing. The property is surrounded by major national and regional retailers, as well as thousands of housing units. The property sits four blocks from the 7 Train Flushing -Main Street Station, the third busiest subway station in New York City. Main Street is lined with retailers, and it is the busiest foot traffic street in Queens. This is an opportunity for a user/entrepreneurial investor to acquire a full-service parking garage and continue to run the operating business, or lease the space out to an experienced operator.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Parking Garage - Downtown Flushing

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Freestanding, Storefront, Warehouse

TOTAL BUILDING SIZE

-

STORIES

13

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

R6, Queens

APN/PARCEL ID

05042-7504

ASK ABOUT THIS PROPERTY

Scott PlaskyMarcus & MillichapMore Info
917-539-0402

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Scott PlaskyMarcus & MillichapMore Info
917-539-0402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.