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Flushing NY, 11354 $3,800,000

Mixed Use Commercial  

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Details ML#: 3536130  

  • # of Families: 6
  • Business Type: Mixed Use, Retail
  • Sale or Rent:Sale
  • Year Built: 2005
  • Taxes: $84,991
  • Status:Active

Description

2005-built, prime location mixed-use building situated in the bustling neighborhood of Flushing, NY along busy main throughway Northern Blvd. This well-maintained property consists of a ground-floor retail space occupied by a long standing pharmacy with long term lease in place. Basement is an internet cafe w lease till 2026. Four upper floor residential free-market rental apartments: two 3-bedroom, 2-bathroom units and two duplex 2-bedroom, 2-bathroom units. The property has a strong and long-term tenant base, with good-paying tenants and almost never had any vacancy. Rents can go up at next renew. 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.

More Property Details

Property Features

Building Size: 1600   Lot Size: 0.04   Lot Sq Ft: 1600  

Financial

Taxes: $84,991  

Local Area Information

Zoning: R6A   Block: 5008   Lot: 36  

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