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14-27 College Point Blvd 4,240 SF 100% Leased Retail Building Flushing, NY 11356 $1,800,000 ($424.53/SF) 4.28% Cap Rate
Executive Summary
College Point downtown, heavy foot traffic, mixed use brick building with ground store(Hair Salon) and two residential units upstairs, each featuring 3 Br, 1.5 Bath, Eik, LR,
with 3 parking spaces at back; Fully occupied and well maintained; Ideal for investor and owner. See the rent roll and expenses sheet attached.
with 3 parking spaces at back; Fully occupied and well maintained; Ideal for investor and owner. See the rent roll and expenses sheet attached.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,240 SF
Building Class
C
Year Built
1986
Price
$1,800,000
Price Per SF
$424.53
Cap Rate
4.28%
NOI
$77,120
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.95
Lot Size
0.05 AC
Zoning
R5B - Medium density district with a height limit of 40 feet
Frontage
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Chase
Property Taxes
| Parcel Number | 04085-0055 | Improvements Assessment | $54,130 |
| Land Assessment | $16,994 | Total Assessment | $71,124 |
Property Taxes
Parcel Number
04085-0055
Land Assessment
$16,994
Improvements Assessment
$54,130
Total Assessment
$71,124
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14-27 College Point Blvd