13236 41st Ave 10,329 SF 100% Leased Office Building Flushing, NY 11355 $6,680,000 ($646.72/SF) 5.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location
- 2 blocks away from Main Street
- 3 year old building
- close to subway station, LIRR, and Shopping Mall
EXECUTIVE SUMMARY
The building is located in the prime location of downtown flushing. It consists 7 residential units and 2 commercial spaces.
15 year tax abatement for Residential & 25 year tax abatement for commercials
15 year tax abatement for Residential & 25 year tax abatement for commercials
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,329 SF
Building Class
B
Year Built
2018
Price
$6,680,000
Price Per SF
$646.72
Cap Rate
5.02%
NOI
$335,134
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
2,066 SF
Slab To Slab
8’
Building FAR
0.99
Lot Size
0.24 AC
Zoning
R6 - mixed-use property
AMENITIES
- Bus Line
1 of 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
