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37-19 Main St 10,000 SF 100% Leased Retail Building Flushing, NY 11354 $12,000,000 ($1,200/SF) 4.73% Cap Rate
Investment Highlights
- Prime Downtown Flushing Locaiton
- Long Leases, No Management, Personal Guarantees
- 100% Occupied NN Leased Retail/Office Building
Executive Summary
SUBMIT ALL BEST OFFERS!!
PRIME DOWNTOWN FLUSHING LOCATION
1 OFFICE & 1 RETAIL TENANT - BOTH ON NN LEASES
NO MGMT, LL ONLY PAYS TAX/INS, TENANTS PAY INC'S
LONG LEASES W/ INCREASES & PERSONAL GUARANTEES
CONTACT: Josh 646-546-5880 or Jg@Highcapgroup.com
PRIME DOWNTOWN FLUSHING LOCATION
1 OFFICE & 1 RETAIL TENANT - BOTH ON NN LEASES
NO MGMT, LL ONLY PAYS TAX/INS, TENANTS PAY INC'S
LONG LEASES W/ INCREASES & PERSONAL GUARANTEES
CONTACT: Josh 646-546-5880 or Jg@Highcapgroup.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
B
Year Built
1931
Price
$12,000,000
Price Per SF
$1,200
Cap Rate
4.73%
NOI
$568,000
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.67
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C4-3 - C4 - Regional commercial center located outside of the central business districts
Frontage
25’ on Main St
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Nearby Major Retailers
Property Taxes
| Parcel Number | 04978-0003 | Improvements Assessment | $685,350 |
| Land Assessment | $344,700 | Total Assessment | $1,030,050 |
Property Taxes
Parcel Number
04978-0003
Land Assessment
$344,700
Improvements Assessment
$685,350
Total Assessment
$1,030,050
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37-19 Main St
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