Log In/Sign Up
Your email has been sent.
43-07 162nd St 6,720 SF 100% Leased Retail Building Flushing, NY 11358 $2,780,000 ($413.69/SF) 7.33% Cap Rate
INVESTMENT HIGHLIGHTS
- Koreatown
- High cap rate
- large building size
EXECUTIVE SUMMARY
Mixed use residential and commercial building in heart of Koreatown of Flushing. Huge building size of (30x56) with 3 parking spaces and large basement (1680 sq ft) with street level entrance and elevator access for storage and commercial usage . Currently ground floor (1680 sq ft) leased to Music school. 2nd and 3rd floor has 4 separate apartment varying from 1-3 bedrooms each. Zone R5B, C2-2. Potential for doctor's office, church, physical therapy, acupuncture, day care yoga and pilates etc. Walk to LIRR Broadway station and shops and bus stops along Northern Blvd. High return investment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,720 SF
Building Class
C
Year Built
2005
Price
$2,780,000
Price Per SF
$413.69
Cap Rate
7.33%
NOI
$203,750
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.20
Lot Size
0.07 AC
Zoning
R5B, Queens, (S9) C2-2
Parking
3 Spaces (0.45 Spaces per 1,000 SF Leased)
Frontage
30’ on 162nd St
AMENITIES
- Bus Line
- Balcony
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05420-0029 | Improvements Assessment | $461,066 |
| Land Assessment | $60,941 | Total Assessment | $522,007 |
PROPERTY TAXES
Parcel Number
05420-0029
Land Assessment
$60,941
Improvements Assessment
$461,066
Total Assessment
$522,007
1 of 19
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
AAA Young Shuen Realty Inc.
43-07 162nd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.