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16024A-16028 Northern Blvd 3,895 SF 100% Leased Retail Building Flushing, NY 11358 $9,989,280 CAD ($2,564.64 CAD/SF) 4.45% Cap Rate



INVESTMENT HIGHLIGHTS
- Heavy Daytime Foot Traffic, Great Development, Value Add with Development
- Flushing Prime Location
- Great Redevelopment
EXECUTIVE SUMMARY
Prime Location in Northern Blvd, Flushing. Great Redevelopment. Contact Helen 718-344-6565
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,895 SF
Building Class
C
Year Built
1942
Price
$9,989,280 CAD
Price Per SF
$2,564.64 CAD
Cap Rate
4.45%
NOI
$444,506 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R5B
Frontage
43’ on Northern Blvd
AMENITIES
- Bus Line
- Signalized Intersection
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05335-0061 | Improvements Assessment | $870,329 CAD |
| Land Assessment | $211,681 CAD | Total Assessment | $1,082,011 CAD |
PROPERTY TAXES
Parcel Number
05335-0061
Land Assessment
$211,681 CAD
Improvements Assessment
$870,329 CAD
Total Assessment
$1,082,011 CAD
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16024A-16028 Northern Blvd
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