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63-10 39TH Ave
Flushing, NY 11377
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Great income, excellent location
  • Great investment property

EXECUTIVE SUMMARY

This charming property is a gem nestled in the heart of a prime neighborhood like Woodside. Boasting a 4-family brick attached house, it offers not just a home but also a lucrative investment opportunity with substantial income potential. Convenience is key, as the property is conveniently located near major transportation hubs including the Long Island Rail Road (LIRR) and the #7 Train, providing seamless access to Manhattan within just 10 to 15 minutes. Additionally, the presence of a free bus service to Laguardia Airport adds to the accessibility. Residents will appreciate the proximity to essential amenities such as schools, the post office, supermarkets, banks, and parks, ensuring that daily errands and leisure activities are within easy reach. Maintenance-wise, the property is in excellent condition, with features like a sturdy roof, a reliable boiler, a well-maintained hot water tank, and updated plumbing, offering peace of mind to both residents and potential buyers. Furthermore, the property tax is reasonable, enhancing its appeal as a lucrative investment opportunity in a desirable location. Don’t miss out on this fantastic chance to own a piece of real estate that combines comfort, convenience, and income potential in one of the best neighborhoods.
Basement: Full, utility room, Bathroom, Family Rooms, Separate entrance, Access to backyard
1st FL: 2x( 2 Bedroom Apt.) Access to Backyard
2nd FL: 4 Bedroom, LR/DR, EIK, 2 Full Bath
3rd FL: 3 Bedroom, LR/DR, EIK, Full Bath

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,490 SF
Building Class
B
Year Built
1929
Price
$2,599,390 CAD
Price Per SF
$744.81 CAD
Cap Rate
6.13%
NOI
$159,367 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.70
Lot Size
0.05 AC
Zoning
R6, Queens, (S4) - Commercial, Mixed use
Frontage
19’ on 39th Avenue

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01233-0062
Land Assessment
$75,696 CAD
Improvements Assessment
$96,839 CAD
Total Assessment
$172,535 CAD
  • Listing ID: 32608630

  • Date on Market: 2024-07-28

  • Last Updated:

  • Address: 63-10 39TH Ave, Flushing, NY 11377

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