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16024A-16028 Northern Blvd 3,895 SF 100% Leased Retail Building Flushing, NY 11358 $7,200,000 ($1,848.52/SF) 4.45% Cap Rate
Investment Highlights
- Heavy Daytime Foot Traffic, Great Development, Value Add with Development
- Flushing Prime Location
- Great Redevelopment
Executive Summary
Prime Location in Northern Blvd, Flushing. Great Redevelopment. Contact Helen 718-344-6565
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,895 SF
Building Class
C
Year Built
1942
Price
$7,200,000
Price Per SF
$1,848.52
Cap Rate
4.45%
NOI
$320,388
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R5B
Frontage
43’ on Northern Blvd
Amenities
- Bus Line
- Signalized Intersection
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05335-0061 | Improvements Assessment | $627,210 |
| Land Assessment | $152,550 | Total Assessment | $779,760 |
Property Taxes
Parcel Number
05335-0061
Land Assessment
$152,550
Improvements Assessment
$627,210
Total Assessment
$779,760
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16024A-16028 Northern Blvd
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