2560 Francis Lewis Boulevard Blvd - Retail FOR SALE


Flushing, NY 11358
$3,799,000 USD
917-561-9563
2560 Francis Lewis Boulevard Blvd, Flushing, NY for Sale
$3,799,000 USD
Retail - FOR SALE
1/1
null | 4.47% Cap Rate

2560 Francis Lewis Boulevard Blvd
Flushing, NY 11358


HIGHLIGHTS

  • Excellent investment opportunity
  • Retail 6 unit
  • Fully leased

OVERVIEW

Exceptional investment opportunity at 25-60 Francis Lewis Boulevard, Flushing, NY 11358. This fully occupied, one-story commercial property features six retail units comprising approximately 5,500 square feet, situated on an approximately 5,670-square-foot lot. Positioned along the well-traveled Francis Lewis Boulevard corridor in an established Flushing neighborhood, the property benefits from strong street visibility and convenient access to nearby residential communities, local businesses, major roadways, and public transportation. Offered at $3,799,000, the property generates an indicated net operating income of approximately $170,000, representing an estimated 4.47% capitalization rate. With six income-producing retail units, public water and sewer, ducted heating, and central air conditioning, this asset presents an attractive opportunity for investors seeking stable commercial income in Queens. The offering may also be suitable for a 1031 exchange. Financial information, rent roll, and additional property details are available to qualified purchasers upon request. Showings are strictly by appointment only. Please do not disturb the tenants. Property Highlights Six fully occupied retail units Approximately 5,500 square feet of building area Approximately 5,670-square-foot lot One-story commercial building High-visibility Francis Lewis Boulevard location Indicated NOI: approximately $170,000 Estimated capitalization rate: 4.47% Asking price: $3,799,000 Potential 1031 exchange opportunity Established Flushing, Queens location All information is deemed reliable but is not guaranteed. Prospective purchasers should independently verify all financial, zoning, building, tenancy, and property information.

FOR SALE DETAILS

PRICE

$3,799,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

4.47%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail property in Flushing, Six store

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

169 street

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

04925-0083

ASK ABOUT THIS PROPERTY

MD HoqueWagner & Kelly Inc.More Info
917-561-9563

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

MD HoqueWagner & Kelly Inc.More Info
917-561-9563

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