15226-15228 Northern Blvd - Restaurant FOR SALE


Flushing, NY 11354- Murray Hill
$4,580,000 USD
347-628-8818
15226-15228 Northern Blvd, Flushing, NY for Sale
$4,580,000 USD
Restaurant - FOR SALE
1/30
null | 5.35% Cap Rate

15226-15228 Northern Blvd
Flushing, NY 11354
Murray Hill


HIGHLIGHTS

  • Prime Location: High-visibility retail and residential units on bustling Northern Boulevard in Flushing.
  • Dual Income Streams: Stable residential cash flow + upside potential from commercial lease-ups.
  • Low-Risk Investment: Low taxes, diversified income, and long-term appreciation in a thriving Queens market.

OVERVIEW

Prime Mixed-Use Investment Opportunity in Flushing This exceptional dual-property portfolio offers a rare combination of commercial and residential income streams on bustling Northern Boulevard. The property features 2 street-level retail spaces plus 4 stable residential units, with the added benefit of a full basement, private driveway, and rear parking area. The wide storefront exposure on this major arterial road ensures maximum visibility for commercial tenants. With an impressively low combined tax burden annually, this C2-2/R5B-zoned asset delivers strong cash flow from the upstairs residential units while offering upside potential through commercial lease-ups. The strategic Flushing location and diversified income structure make this one of the lowest-risk investment opportunities in Northern Queens. Ideal for investors seeking a balanced portfolio with both immediate returns and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$4,580,000 USD

PRICE/SF

$1,148 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,734 SF

ZONING

R5B

APN/PARCEL ID

05266-0011

ASK ABOUT THIS PROPERTY

Barbie LiB Square RealtyMore Info
347-628-8818

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Barbie LiB Square RealtyMore Info
347-628-8818

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