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4221 Francis Lewis Blvd 7,930 SF 100% Leased Office Building Bayside, NY 11361 $6,906,240 CAD ($870.90 CAD/SF)
EXECUTIVE SUMMARY
• Excellent location in desirable and affluent Northeast Queens sub-market
• Current ownership recently made significant capital improvements to the roof, HVACs, elevator and building security system
• A variation of long - and short-term leases allows to improve financial performance in the near future while having stable cash flow
• Elevator ADA-accessible building with on site parking lot• High concentration of quality medical offices in the immediate area including New York Presbyterian Medical Group, Davita Kidney Care, Lenix Hill Radiology, North Hill Surgical Center and other medi-cal practices
• Located near the signalized corner of Francis Lewis Blvd and Northern Blvd with over 35,000 Vehicles Per Day traffic, the subject property features high signage visibility and 100’ frontage
• Current ownership recently made significant capital improvements to the roof, HVACs, elevator and building security system
• A variation of long - and short-term leases allows to improve financial performance in the near future while having stable cash flow
• Elevator ADA-accessible building with on site parking lot• High concentration of quality medical offices in the immediate area including New York Presbyterian Medical Group, Davita Kidney Care, Lenix Hill Radiology, North Hill Surgical Center and other medi-cal practices
• Located near the signalized corner of Francis Lewis Blvd and Northern Blvd with over 35,000 Vehicles Per Day traffic, the subject property features high signage visibility and 100’ frontage
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,930 SF
Building Class
B
Year Built
1988
Price
$6,906,240 CAD
Price Per SF
$870.90 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,983 SF
Building FAR
3.03
Lot Size
0.06 AC
Zoning
R3-2 - Low density residential district
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Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 06258-0053 | Improvements Assessment | $304,245 CAD |
| Land Assessment | $98,062 CAD | Total Assessment | $402,307 CAD |
PROPERTY TAXES
Parcel Number
06258-0053
Land Assessment
$98,062 CAD
Improvements Assessment
$304,245 CAD
Total Assessment
$402,307 CAD
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4221 Francis Lewis Blvd
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