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Prime Fully Leased Commercial Building 36-15 164th St 8,000 SF 100% Leased Retail Building Flushing, NY 11358 $6,989,166 CAD ($873.65 CAD/SF) 4.40% Cap Rate
Investment Highlights
- Right by LIRR station.
Executive Summary
Prime Mixed-Use Investment Opportunity – Fully Leased | 36-15 164th St., Flushing
Exceptional investment opportunity in the heart of Flushing! This 8,000 SF mixed-use building is fully leased with great tenants and offers a hassle-free, high-yield asset in a prime location.
- First Floor: 4,000 SF of retail space with strong, long-term tenants ensuring steady cash flow.
- Second Floor: 4,000 SF of newly renovated office space, modernized for premium professional use.
- Basement: Additional usable space, maximizing functionality.
Unbeatable Location: Situated right by the LIRR station, ensuring high foot traffic and easy accessibility.
Turnkey Investment: Fully leased with stable tenants, making this property easy to manage and an excellent addition to any investor’s portfolio.
Exceptional investment opportunity in the heart of Flushing! This 8,000 SF mixed-use building is fully leased with great tenants and offers a hassle-free, high-yield asset in a prime location.
- First Floor: 4,000 SF of retail space with strong, long-term tenants ensuring steady cash flow.
- Second Floor: 4,000 SF of newly renovated office space, modernized for premium professional use.
- Basement: Additional usable space, maximizing functionality.
Unbeatable Location: Situated right by the LIRR station, ensuring high foot traffic and easy accessibility.
Turnkey Investment: Fully leased with stable tenants, making this property easy to manage and an excellent addition to any investor’s portfolio.
Financial Summary (Actual - 2024) 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 - 2024) 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
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,000 SF
Building Class
C
Year Built
1931
Price
$6,989,166 CAD
Price Per SF
$873.65 CAD
Cap Rate
4.40%
NOI
$307,221 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.09 AC
Zoning
R5B - R5 - Medium density district with a height limit of 40 feet
Amenities
- Commuter Rail
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 500 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 500 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05287-0009 | Total Assessment | $732,294 CAD (2025) |
| Land Assessment | $136,206 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $596,088 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
05287-0009
Land Assessment
$136,206 CAD (2025)
Improvements Assessment
$596,088 CAD (2025)
Total Assessment
$732,294 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Prime Fully Leased Commercial Building | 36-15 164th St
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