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16024A-16028 Northern Blvd 3,895 SF 100% Leased Retail Building Flushing, NY 11358 $9,842,760 CAD ($2,527.02 CAD/SF) 4.45% Cap Rate

Storefront Properties New York Flushing 16024A-16028 Northern Blvd, Flushing, NY 11358

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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

Attachments

Survey

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,895 SF
Building Class
C
Year Built
1942
Price
$9,842,760 CAD
Price Per SF
$2,527.02 CAD
Cap Rate
4.45%
NOI
$437,986 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
R5B
Frontage
43’ on Northern Blvd

Amenities

  • Bus Line
  • Signalized Intersection
1 1
Walk Score®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Flushing Bank
Chase Bank
Bank of Hope
H Mart
Flagstar
Red Robin
IHOP
Bonchon
Td Bank
Ridgewood Savings Bank

Property Taxes

Parcel Number 05335-0061 Improvements Assessment $854,122 CAD
Land Assessment $207,740 CAD Total Assessment $1,061,862 CAD

Property Taxes

Parcel Number
05335-0061
Land Assessment
$207,740 CAD
Improvements Assessment
$854,122 CAD
Total Assessment
$1,061,862 CAD

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 34743823

  • Date on Market: 2025-02-06

  • Last Updated:

  • Address: 16024A-16028 Northern Blvd, Flushing, NY 11358

The Murray Hill Retail Property at 16024A-16028 Northern Blvd, Flushing, NY 11358 is currently available. Contact Promise Realty LLC for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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16024A-16028 Northern Blvd

16024A-16028 Northern Blvd

Young Kim

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