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59-66 56th Ave
Flushing, NY 11378
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,300 SF
Building Class
C
Year Built
1915
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.53
Lot Size
0.03 AC
Zoning
M1-1 - Light industrial with offices, hotels, and most retail uses permitted
Frontage
Amenities
- Signage
About 59-66 56TH AVE , FLUSHING, NY 11378
Maspeth 3 family for sale plus corner store Building is in good condition and is a solid income producer 3 family plus store - income-producing Apt 3 $1350 1 bedroom Apt 2 $1350 1 bedroom Apt 1 $2200 3 bedroom Store $2,300- Corner grocery store and deli Asking 1.45 million Cap rate over 5% - Yearly Expenses: - Taxes: $7,800 - Insurance: $2,200 - Water/Sewer: $2,000 - Gas/Heat: $3,060 - Electricity: $600 Building: 25 x 44 ft Lot: 25 x 44 ft Zoning: M1-1 FAR: 3.0; Max FAR: 2.4
Property Taxes
| Parcel Number | 02689-0042 | Improvements Assessment | $69,539 |
| Land Assessment | $17,664 | Total Assessment | $87,203 |
Property Taxes
Parcel Number
02689-0042
Land Assessment
$17,664
Improvements Assessment
$69,539
Total Assessment
$87,203
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