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150-05 Northern Boulevard Flushing, NY 11354
$3,580,000 $3,298,000
  • Commercial
  • PRICE REDUCED
  • Year Built 2005
  • Mixed Use
  • ML# 3472353

Property Details

Overview

150-05 Northern Blvd, a 2005-built, 7, 850 SF mixed-use building situated in the bustling neighborhood of Flushing, NY. 5% CAP rate. This well-maintained property consists of a ground-floor retail space (currently configured as a restaurant) and four residential apartments: two 3-bedroom, 2-bathroom units and two duplex 2-bedroom, 2-bathroom units. The property has a strong tenant base, with good-paying tenants and a history of low vacancy. Portion of RE tax paid by retail tenant. The building is easy to manage and well-maintained, providing a hassle-free investment opportunity for potential buyers. Flushing is a rapidly growing neighborhood, known for its diverse culture and thriving business district. This mixed-use property presents a significant appreciation potential, as the area continues to develop and attract new businesses and residents.

Key Facts

  • Lot Size: 0.04
  • Lot Sq Ft: 1600
  • Taxes: $75,000
  • Sale or Rent: Sale
  • Zoning: R6A
  • Block: 5008
  • Lot: 37

Additional Features

  • Building Size: 20 ft x 70ft

Interior & Utilities

  • Sewer: Public Sewer

Financial

  • Taxes: $75,000
Listing Information provided courtesy of B Square Realty Inc  646-889-9988
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