136-18 Maple Ave - Apartments CONDO FOR SALE


Flushing, NY 11355- Downtown Flushing
$7,580,000 USD
646-889-8989
136-18 Maple Ave, Flushing, NY for Sale
$7,580,000 USD
Apartments CONDO - FOR SALE
1/35
null | 5.5% Cap Rate

136-18 Maple Ave
Flushing, NY 11355
Downtown Flushing


HIGHLIGHTS

  • High-Visibility Ground-Floor Retail Space
  • Projected net income 5.5% CAP
  • Offering flexibility for an owner-user or additional rental income

OVERVIEW

Premier ground-floor commercial retail condo opportunity located at NuSun Tower in the heart of Downtown Flushing, immediately off Main Street and near Great Wall Supermarket. This high-visibility commercial space offers approximately 4,030 gross SF and benefits from strong surrounding foot traffic, dense residential and commercial activity, and a built-in customer base in one of Flushing’s busiest business corridors. The sale includes existing leases with stable tenants, providing immediate income, along with vacant spaces that offer additional upside. Units A and B are occupied with long-term leases in place. With approx. 3000sqft are currently vacant and available for lease at $15,000 per month, offering flexibility for an owner-user or additional rental income. Projected net income 5.5% CAP. The space is suitable for a variety of commercial uses, including retail, restaurant, medical, urgent care, or professional office use, subject to verification and approval. Each unit has a separate electric meter, with common area expenses shared among occupants. This asset presents a rare opportunity to acquire a flexible ground-floor retail condo in Downtown Flushing’s core commercial district, offering existing income, vacant upside, low current tax exposure, and long-term value in a prime location.

FOR SALE DETAILS

PRICE

$7,580,000 USD

PRICE/SF

$1,881 USD /SF

CAP RATE

5.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

NuSun Tower

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

164,786 SF

STORIES

8

BUILDING CLASS

A

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

C1-2,R6

APN/PARCEL ID

05045-1353

ASK ABOUT THIS PROPERTY

Jin HuangB Square RealtyMore Info
646-889-8989

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Jin HuangB Square RealtyMore Info
646-889-8989

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