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4235 Main St - The Arcadia 39,741 SF Retail Condo Unit Offered at $54,000,000 in Flushing, NY 11355
INVESTMENT HIGHLIGHTS
- Heavy pedestrian and vehicular traffic. Bust stop in front of property and subway and LIRR within short walking distance.
EXECUTIVE SUMMARY
Street level and Cellar Level Retail Commercial Condo with two sub level parking garage on prominent corner in Downtown Flushing.
PROPERTY FACTS
| Total Building Size | 212,459 SF | Typical Floor Size | 17,705 SF |
| Property Type | Multifamily (Condo) | Year Built | 2013 |
| Property Subtype | Apartment | Lot Size | 0.71 AC |
| Building Class | B | Parking Ratio | 1.31/1,000 SF |
| Floors | 12 | ||
| Zoning | C1-2 - One Of The Best Retail Comm. Office Unit For Sale in the Downtown Flushing, NY. With excellent garage parking. | ||
| Total Building Size | 212,459 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 17,705 SF |
| Year Built | 2013 |
| Lot Size | 0.71 AC |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | C1-2 - One Of The Best Retail Comm. Office Unit For Sale in the Downtown Flushing, NY. With excellent garage parking. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Office
SITE AMENITIES
- 24 Hour Access
- Elevator
1 UNIT AVAILABLE
Unit 1
| Unit Size | 39,741 SF | Sale Type | Investment |
| Price | $54,000,000 | Cap Rate | 5.72% |
| Price Per SF | $1,358.80 | NOI | $3,088,143 |
| Condo Use | Retail | No. Parking Spaces | 278 |
| Unit Size | 39,741 SF |
| Price | $54,000,000 |
| Price Per SF | $1,358.80 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.72% |
| NOI | $3,088,143 |
| No. Parking Spaces | 278 |
DESCRIPTION
Commercial Condominium For Sale
Street Level Retail and Cellar Retail 39,740 SF
Two Sub Level Cellar Parking Garage 66,690 SF
SALE NOTES
Block/Condo Lots: 5135/1101, 1102, 1206
Commercial Retail Condo
Retail Ground Floor Area: 24,426 +/- SF
Retail Cellar Area: 15,315 +/- SF
Garage Area: Two Levels 66,690 +/- SF,278 parking spaces
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 40 | - | 1,097 |
| 2+2 | 25 | - | 733 |
| 3+2 | 14 | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
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VIDEOS
MATTERPORT 3D EXTERIOR
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Presented by
Metro Commercial and Business Brokers Inc
4235 Main St - The Arcadia
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