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36-14 Union St 3,800 SF 67% Leased Retail Building Flushing, NY 11354 $3,180,000 ($836.84/SF) 4.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Directly off of Northern Blvd
EXECUTIVE SUMMARY
Legal 5 income producing property, 1 store + 4 offices, stable tenants. High rental income, NOI$140,506, starting collecting rent right after closing. Nearby downtown Flushing busy commercial area, huge foot traffic. Great for investment for owner user
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,800 SF
Building Class
B
Year Built
1984
Price
$3,180,000
Price Per SF
$836.84
Cap Rate
4.40%
NOI
$140,000
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.80
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C4-3 - General Commercial District with both commercial and residential uses
Frontage
18’ on Union St
AMENITIES
- Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04977-0154 | Improvements Assessment | $297,630 |
| Land Assessment | $62,550 | Total Assessment | $360,180 |
PROPERTY TAXES
Parcel Number
04977-0154
Land Assessment
$62,550
Improvements Assessment
$297,630
Total Assessment
$360,180
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36-14 Union St
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