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95-36 Queens Blvd
Flushing, NY 11374
Retail Property For Sale
Investment Highlights
- Heavy foot traffic
- Great location
Executive Summary
Welcome to an exceptional investment opportunity nestled in the vibrant heart of Rego Park! This meticulously maintained commercial property boasts an enviable location, sitting adjacent to the bustling subway station and surrounded by a plethora of stores, ensuring high foot traffic and visibility for any business venture.
Key Features:
- Established Restaurant Tenant: Enjoy peace of mind with a reliable and successful restaurant tenant, ensuring steady rental income for years to come. With a thriving business and loyal customer base, this tenant adds significant value to the property. Unbeatable Location: - Situated in the heart of Rego Park, this property benefits from unparalleled visibility and accessibility. Its proximity to the subway station and surrounding stores makes it a prime destination for locals and commuters alike.
- Lucrative Investment: With a strong rental income stream from a flourishing restaurant business and the potential for future appreciation, this property presents an attractive investment opportunity for savvy investors seeking reliable returns.
Key Features:
- Established Restaurant Tenant: Enjoy peace of mind with a reliable and successful restaurant tenant, ensuring steady rental income for years to come. With a thriving business and loyal customer base, this tenant adds significant value to the property. Unbeatable Location: - Situated in the heart of Rego Park, this property benefits from unparalleled visibility and accessibility. Its proximity to the subway station and surrounding stores makes it a prime destination for locals and commuters alike.
- Lucrative Investment: With a strong rental income stream from a flourishing restaurant business and the potential for future appreciation, this property presents an attractive investment opportunity for savvy investors seeking reliable returns.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,400 SF
Building Class
C
Year Built/Renovated
1933/2014
Price
$1,850,000
Price Per SF
$1,321.43
Cap Rate
5%
NOI
$92,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.70
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C4-2
Frontage
20’ on Queens Blvd
Property Taxes
| Parcel Number | 03080-0023 | Improvements Assessment | $133,650 |
| Land Assessment | $112,500 | Total Assessment | $246,150 |
Property Taxes
Parcel Number
03080-0023
Land Assessment
$112,500
Improvements Assessment
$133,650
Total Assessment
$246,150
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