196-25 42nd Ave | Flushing, NY 11358
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- LoopNet Team
196-25 42nd Ave
Flushing, NY 11358
Kongen International Preschool · Office Property For Sale
Investment Highlights
- New 20-year absolute NNN lease with 1.75% annual increases
- Kon Gen has been operating at capacity since it opened its doors and has a wait list that can exceed 100 families
- Flushing, NY: Excellent Demographics with ± 1.3 Million Population
- Part of the Universal Pre-K for All program, which guarantees a constant influx of students and revenue
Property Facts
Property Type
Building Size
16,534 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
5,511 SF
Building FAR
1.90
Lot Size
0.20 AC
Zoning
R3-2 - R3-2: General Residential
Parking
3 Spaces (0.18 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
Property Taxes
| Parcel Number | 05361-0010 | Improvements Assessment | $1,478,770 |
| Land Assessment | $396,000 | Total Assessment | $1,874,770 |
Property Taxes
Parcel Number
05361-0010
Land Assessment
$396,000
Improvements Assessment
$1,478,770
Total Assessment
$1,874,770
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