83-29 Broadway - Storefront Retail/Office FOR SALE


Flushing, NY 11373
$4,200,000 USD
516-509-5476
83-29 Broadway, Flushing, NY for Sale
$4,200,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

83-29 Broadway
Flushing, NY 11373


HIGHLIGHTS

  • Four NNN retail spaces with excellent street frontage
  • Prime high-visibility location with steady pedestrian and vehicular traffic
  • One block from the subway, providing direct access to Manhattan and Flushing
  • NNN lease structure, ensuring low-maintenance ownership
  • Partially occupied, creating opportunity for increased cash flow and value appreciation

OVERVIEW

Prime Investment Opportunity at 83-29 Broadway, Elmhurst, NY 11373 Presenting an exceptional chance to acquire a mixed-use building located at 83-29 Broadway, Elmhurst, NY 11373. This property features four retail spaces and is partially occupied, offering investors immediate leasing potential and opportunities for income growth.? Location: Situated at the intersection of Baxter Avenue, Ithaca Street, and 82nd Street, this property benefits from exceptional foot traffic and visibility. It is surrounded by major national and local retailers such as Chipotle, Starbucks, Target, Smashburger, Chick-Fil-A, Fay Da Bakery, Paris Baguette, Popeye’s, and Kung Fu Tea.? Transportation: Located just one block from the 82nd Street/Roosevelt Avenue subway station, the property offers quick access to Manhattan and Flushing’s Main Street, making it highly attractive to tenants.? Investment Potential: The NNN (triple net) lease structure provides a low-maintenance investment with strong income potential. The partial occupancy presents immediate leasing opportunities, allowing for increased cash flow and value appreciation.? This is a rare opportunity to own a passive-income-generating asset in one of Queens' most dynamic and rapidly growing neighborhoods. Floors 2 & 3 are available for lease. 1000-2200 SqFt. Contact for full offering materials and to schedule a tour!

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$1,077 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C1-3

APN/PARCEL ID

01580-0103

ASK ABOUT THIS PROPERTY

Dominique FlorioSERHANT.More Info
516-509-5476

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Dominique FlorioSERHANT.More Info
516-509-5476

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