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60-83 Myrtle Ave 4,000 SF Retail Building Flushing, NY 11385 $1,650,000 ($412.50/SF)
Investment Highlights
- Prime Location: Located between Fresh Pond Road and 60th Lane on Myrtle Avenue with guaranteed foot traffic.
- Split Utilities: Tenants are responsible for their own heat, gas, and electricity, minimizing operating expenses for ownership.
- Vacancy: The property will be delivered with two vacant renovated residential units, each being 950 net square feet.
- Transportation: Located just a 10-minute walk from the Fresh Pond Road M Train station, offering direct access to Manhattan and Williamsburg.
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1930
Price
$1,650,000
Price Per SF
$412.50
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.02
Lot Size
0.09 AC
Zoning
R6B
Frontage
20’ on Myrtle Ave
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03538-0052 | Improvements Assessment | $36,506 |
| Land Assessment | $10,253 | Total Assessment | $46,759 |
Property Taxes
Parcel Number
03538-0052
Land Assessment
$10,253
Improvements Assessment
$36,506
Total Assessment
$46,759
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