Stabilized Income-Producing Commercial Property with Strong Redevelopment Upside
• Rental Income: $22,115/month ($265,380 annualized)
• Building Size: 15,376 SF
• Lot Size: 15,625 SF (125’ × 125’)
• Zoning: M1-1 (Light Manufacturing)
• Year Built: 1959 | 1 Story | 1 Unit
• Current Use: Auto body / collision repair (G2) — fully operational and income-producing
• Cap Rate: ˜4.42% (going-in, based on current income)
Location Advantages
Strategically located in the heart of Flushing, a rapidly growing “Second Chinatown” with robust commercial activity, diverse demographics, and excellent transit access (7 train and proximity to LIRR). The area continues to attract significant investment and rezoning activity that supports higher-intensity development.
Investment Profile
Ideal for developers, investors, and owner-users seeking a turnkey income asset with substantial long-term upside in a high-demand Queens submarket. The combination of current rental income and redevelopment flexibility makes this a compelling opportunity in a location with proven buyer demand.