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.