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13236 41st Ave 10,329 SF 100% Leased Office Building Flushing, NY 11355 $9,170,304 CAD ($887.82 CAD/SF) 5.02% Cap Rate
Investment Highlights
- Prime location
- 2 blocks away from Main Street
- 3 year old building
- close to subway station, LIRR, and Shopping Mall
Executive Summary
The building is located in the prime location of downtown flushing. It consists 7 residential units and 2 commercial spaces.
15 year tax abatement for Residential & 25 year tax abatement for commercials
15 year tax abatement for Residential & 25 year tax abatement for commercials
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,329 SF
Building Class
B
Year Built
2018
Price
$9,170,304 CAD
Price Per SF
$887.82 CAD
Cap Rate
5.02%
NOI
$460,071 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
2,066 SF
Slab To Slab
8’
Building FAR
0.99
Lot Size
0.24 AC
Zoning
R6 - Medium density residential district
Amenities
- Bus Line
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
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13236 41st Ave
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