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35-28/30 154th Street 3528-3530 154th St 3,600 SF 100% Leased Retail Building Flushing, NY 11354 $4,300,000 ($1,194.44/SF) 4.70% Cap Rate
INVESTMENT HIGHLIGHTS
- 2 PARKING SPACES AT THE FRONT
EXECUTIVE SUMMARY
Outstanding opportunity to own a fully leased mixed-use commercial property located in one of the busiest and most desirable areas of Flushing. This well-maintained building offers strong rental income, high visibility, and long-term tenants, making it an excellent addition to any investment portfolio.
Building Type: Commercial / Mixed-Use
Units: 6 Commercial Units – All Fully Occupied
Building Size: 3600sf
Lot Size: 30x100
Parking: 2 Private Parking Spaces in Front
Condition: Well-maintained, updated mechanicals and interiors
Year Built: 1990
Financial Summary
Current Cap Rate: 4.7%
Occupancy: 100% (Stable, Long-Term Tenants)
Income: Reliable rental income with annual increases
Expenses: Low maintenance and manageable operating costs
Zoning: R5B, C2-2
Building Type: Commercial / Mixed-Use
Units: 6 Commercial Units – All Fully Occupied
Building Size: 3600sf
Lot Size: 30x100
Parking: 2 Private Parking Spaces in Front
Condition: Well-maintained, updated mechanicals and interiors
Year Built: 1990
Financial Summary
Current Cap Rate: 4.7%
Occupancy: 100% (Stable, Long-Term Tenants)
Income: Reliable rental income with annual increases
Expenses: Low maintenance and manageable operating costs
Zoning: R5B, C2-2
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,600 SF
Building Class
C
Year Built
1990
Price
$4,300,000
Price Per SF
$1,194.44
Cap Rate
4.70%
NOI
$202,100
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.18
Lot Size
0.07 AC
Zoning
R5B - Medium density district with a height limit of 40 feet
Frontage
37’ on 154th Street
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05264-0028 | Improvements Assessment | $182,250 |
| Land Assessment | $135,000 | Total Assessment | $317,250 |
PROPERTY TAXES
Parcel Number
05264-0028
Land Assessment
$135,000
Improvements Assessment
$182,250
Total Assessment
$317,250
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35-28/30 154th Street | 3528-3530 154th St
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