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5729 Myrtle Ave 3,945 SF Retail Building Flushing, NY 11385 $3,200,000 ($811.15/SF) 5.50% Cap Rate
Executive Summary
Prime Investment Opportunity
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,945 SF
Building Class
C
Year Built
1930
Price
$3,200,000
Price Per SF
$811.15
Cap Rate
5.50%
NOI
$176,000
Tenancy
Single
Building Height
3 Stories
Building FAR
2.26
Lot Size
0.04 AC
Zoning
C4-3A
Frontage
Amenities
- Restaurant
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Jan 0000
Pizza Hut began in 1958, when two brothers borrowed money from their mother to open a pizza place in Wichita, Kansas. The business grew from that single restaurant into a franchised brand with a broad menu centered on pizza, pasta, chicken wings, breadsticks, desserts, and delivery or carryout service. Pizza Hut later became part of Yum! Brands and continues to operate as a global restaurant system with a large franchise network across many markets. The company has also built a history around menu and service milestones, including early online ordering and signature products such as Stuffed Crust and Pan pizza.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Jan 0000 |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03466-0056 | Improvements Assessment | $81,639 |
| Land Assessment | $11,789 | Total Assessment | $93,428 |
Property Taxes
Parcel Number
03466-0056
Land Assessment
$11,789
Improvements Assessment
$81,639
Total Assessment
$93,428
Contacts
-
Kenneth Schuckman -
Matthew Colantonio -
Bryan Altamirano -
Steven Hakakian -
Schuckman Realty, Inc.
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