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4908-4910 Queens Blvd
Flushing, NY 11377
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Air rights
- High Demand Retail and Residential Location
- 16,000 BSF As-Of-Right. 20,040 BSF with UAP.
- Steps to public transportation
EXECUTIVE SUMMARY
Great location with high visibility. 1 ft easement on either side of the current building structures. The double-wide lot provides substantial space for construction.
Price: $3,500,000
40’ x 100’ Lot Zoned C4-4A.
16,000 BSF As-Of-Right. 20,040 BSF with UAP.
Covered Land Play – Projected Gross Income of $229,200
High Demand Retail and Residential Location
(3) Blocks from 46th Street Subway Stop
Last Lease Expires April 2025, Collect Rent While Waiting for Plan Approval.
Price: $3,500,000
40’ x 100’ Lot Zoned C4-4A.
16,000 BSF As-Of-Right. 20,040 BSF with UAP.
Covered Land Play – Projected Gross Income of $229,200
High Demand Retail and Residential Location
(3) Blocks from 46th Street Subway Stop
Last Lease Expires April 2025, Collect Rent While Waiting for Plan Approval.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,600 SF
Building Class
C
Year Built
1917
Price
$3,500,000
Price Per SF
$625
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.40
Lot Size
0.09 AC
Zoning
C4-4A - Regional commercial center located outside of the central business districts
Frontage
40’ on Queens Blvd
AMENITIES
- Bus Line
- Metro/Subway
- Restaurant
- Security System
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 02282-0026 | Improvements Assessment | $209,520 |
| Land Assessment | $225,000 | Total Assessment | $434,520 |
PROPERTY TAXES
Parcel Number
02282-0026
Land Assessment
$225,000
Improvements Assessment
$209,520
Total Assessment
$434,520
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