14201 37th Ave - Medical FOR SALE


Flushing, NY 11354- Downtown Flushing
$3,200,000 USD
718-640-4431
14201 37th Ave, Flushing, NY for Sale
$3,200,000 USD
Medical - FOR SALE
1/30
null | Request Cap Rate

14201 37th Ave
Flushing, NY 11354
Downtown Flushing


HIGHLIGHTS

  • Great Union street intersection & sign visibility, foot and over 9k car traffic daily!
  • Versatility to combine use as medical, office, retail and residential to diversify and hedge risk.

OVERVIEW

Flushing Korea & China town (largest and fastest growing outside of Asia) is a harmonious cultural center with a vibrant commercial and medical district.  Commuter, walker and food lover paradise next to the Q13, Q16, Q28 buses, Paris Baguette, Koryodang bakery, KW supermarket, authentic ethnic restaurants like Haidilao Huoguo, Liuyishou & Happy Lamb hotpot, Yspace bbq, Kimganae, Bunsik Korean, Gan Hoo bbq, San Soo Kap San, Union Sushi, cafes, shops, salons, spas, Verizon, Anthem Blue Cross Blue Shield , Guoyitang Chinese Medicine, EC Dental Group, Flushing Oral Surgery, Main Street Radiology, Charles B. Wang Community Health Center, family owned pharmacies, banks, Bowne street playground, police station, houses of worship, Flushing Commons medical offices and the massive adjacent parking lot. Several blocks to Main street & Roosevelt avenue transit hub (third busiest pedestrian intersection in New York City!) with 7 train, LIRR Main street (25 minutes to Manhattan Grand Central station), N20G, N20X, Q12, Q13, Q15/A, Q16, Q17, Q19, Q20A/B, Q25, Q26, Q27, Q28, Q34, Q44, Q48 (LGA in 22 minutes), Q50, Q58, Q65, Q66, and QM3 buses. Major junction of Northern blvd, Van Wyck, Whitestone expressways, Grand Central Parkway and marinas. 10 minute non rush hour drive to Laguardia Airport and 20 mins to JFK Airport! Near Starbucks, Bubble tea, Tai Pan bakery, Spring Shabu Shabu at Queens Crossing, Hmart and other family owned groceries, Target & BJ's at Skyview Mall, Macy's, UPS, NY Life, Chase, TD bank, Westin LGA hotel, Sheraton LGA, Marriot Renaissance, Ramada Wyndam hotel, Northwell Health, NY Presbyterian & Flushing Hospital Medical Center and fire station. World renowned Michelin approved restaurants like Asian Jewels, Nan Xiang soup dumplings, Jiang Nan Chinese Fusion, DaXi Sichuan and highly regarded such as Gyu Kaku Japanese smokeless bbq, Izakaya Nana and Kaizen. Built in 1982 with great Union street intersection & sign visibility, foot and 9k+ car traffic daily. Five units on three floors with a commercial cellar for a total of around 7000 square feet and a private driveway. Around 1,750 sq ft on each floor including the cellar which has a separate street side entrance and stairs. Three commercial units totaling 5,250 sq ft suitable for medical, offices, retail, community facilities such as schools, day care, senior center, houses of worship, seminaries and non for profit which can be combined to diversify and hedge risk. Two 875 sq ft one bedroom apartments each rented for $1,800+ electricity on the third floor with a separate street side entrance and stairs. Commercial cellar also has a separate street side entrance and stairs. Corner lot size 1,930 sqft. Yearly real estate taxes $43,779. New sprinkler system installed for $48k. Building Class K4 - Retail w/ other uses. Address same as 36-47 Union Street. Please do not disturb tenants. For appointments, call Diane Mi Chong at 718-640-4431. Sales agent at Hanmi Realty.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

142-01 37th Avenue Medical Offices Retail Mix

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Veterinarian/Kennel, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6

APN/PARCEL ID

05010-0001

ASK ABOUT THIS PROPERTY

Diane ChongHanmi Realty IncMore Info
718-640-4431

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Diane ChongHanmi Realty IncMore Info
718-640-4431

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