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14141 Northern Blvd 7,520 SF 100% Leased Retail Building Flushing, NY 11354 $3,580,000 ($476.06/SF) 5.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Outstanding opportunity to acquire a well-maintained mixed-use building in the heart of Flushing’s Northern Blvd corridor.
- • 1 Ground-Floor Retail Storefront with strong street visibility•1 Office Unit • 2 Spacious Residential Units (each with 2 Bedrooms / 2 Bathrooms
EXECUTIVE SUMMARY
Investment Highlights
• Prime Northern Blvd location with high traffic and strong visibility
• Flexible live/work or investment potential
• Modern construction, bright units, and high ceilings, elevator, Full Basement
• Strong rental income with 5%+ return
• Located in one of Queens’ most dynamic commercial and residential markets
• Prime Northern Blvd location with high traffic and strong visibility
• Flexible live/work or investment potential
• Modern construction, bright units, and high ceilings, elevator, Full Basement
• Strong rental income with 5%+ return
• Located in one of Queens’ most dynamic commercial and residential markets
FINANCIAL SUMMARY (ACTUAL - 2024) 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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
7,520 SF
Year Built
2016
Price
$3,580,000
Price Per SF
$476.06
Cap Rate
5.30%
NOI
$189,740
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.84
Lot Size
0.06 AC
Zoning
R6, C1-2
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05002-0085 | Improvements Assessment | $394,410 (2025) |
| Land Assessment | $152,100 (2025) | Total Assessment | $546,510 (2025) |
PROPERTY TAXES
Parcel Number
05002-0085
Land Assessment
$152,100 (2025)
Improvements Assessment
$394,410 (2025)
Total Assessment
$546,510 (2025)
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14141 Northern Blvd
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