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12108 15th Ave 5,000 SF 100% Leased Retail Building College Point, NY 11356 $2,355,860 CAD ($471.17 CAD/SF)
INVESTMENT HIGHLIGHTS
- Opportunity Zone for Redevolpment
- Heavy Foot traffic
- Retail With 10 Parking Spaces
EXECUTIVE SUMMARY
*This retail property in College Point represents a rare combination of immediate cash flow and high-upside development potential. Located in a designated Opportunity Zone, this site offers significant tax advantages for investors looking to deploy capital gains into a high-growth Queens corridor.Prime Commercial *Footprint: A versatile 1-story retail building currently operating as a well-established dry cleaners. The existing structure provides immediate utility or "as-is" rental income while you finalize your development plans.
*Opportunity Zone Advantage: Positioned within a Qualified Opportunity Zone, offering potential for federal tax deferral and elimination of capital gains tax on future appreciation—a massive incentive for long-term development.
*Opportunity Zone Advantage: Positioned within a Qualified Opportunity Zone, offering potential for federal tax deferral and elimination of capital gains tax on future appreciation—a massive incentive for long-term development.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$86,474
|
$17.29
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $86,474 |
| Annual Per SF | $17.29 |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Year Built
1951
Price
$2,355,860 CAD
Price Per SF
$471.17 CAD
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C1-3/R4A - Positioned within a Opportunity Zone, offering potential for tax deferral and elimination of capital gains
AMENITIES
- Corner Lot
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04076-0013 | Improvements Assessment | $123,346 CAD |
| Land Assessment | $84,128 CAD | Total Assessment | $207,474 CAD |
PROPERTY TAXES
Parcel Number
04076-0013
Land Assessment
$84,128 CAD
Improvements Assessment
$123,346 CAD
Total Assessment
$207,474 CAD
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12108 15th Ave
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