27-01-27-07 Francis Lewis Blvd Blvd - Freestanding FOR SALE


Flushing, NY 11358
$9,950,000 USD
718-663-2639
27-01-27-07 Francis Lewis Blvd Blvd, Flushing, NY for Sale
$9,950,000 USD
Freestanding - FOR SALE
1/2
null | 5.89% Cap Rate

27-01-27-07 Francis Lewis Blvd Blvd
Flushing, NY 11358


HIGHLIGHTS

  • Net Leased Commercial Investment - Stabilized asset with long-term tenancy.
  • Prime Northeast Queens Location - Located along highly-trafficked Francis Lewis Boulevard and surrounded by residential.
  • Redevelopment Value-Add Potential

OVERVIEW

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 2701–2707 FRANCIS LEWIS BOULEVARD, Flushing, NY 11358 – (the “Property”) – a net leased, two-tenant commercial building with on site parking. 2701–2707 Francis Lewis Boulevard is a net leased commercial building consisting of two retail units. 2701 is occupied by JJ Washington, a laundromat that also offers off-site dry cleaning services, and 2707 is occupied by US Renal Care, a national healthcare provider specializing in dialysis services. Located along well-trafficked Francis Lewis Boulevard, 2701–2707 Francis Lewis is positioned within one of Northeast Queens’ most established commercial corridors. The property benefits from strong vehicular visibility, on-site parking, and close proximity to dense residential neighborhoods. Nearby national and regional retailers include CVS, Dunkin’, and Chase Bank, alongside a mix of medical offices, service providers, and neighborhood storefronts — making this a strategic location for community-focused commercial tenancy. For more information, please contact the exclusive brokers directly.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$765 USD /SF

CAP RATE

5.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased Retail with Long-Standing Tenancy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

R4

APN/PARCEL ID

05962-0001

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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

Stephen PreussRipco Real EstateMore Info
718-663-2639

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