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Investment Highlights

  • Fully leased under a triple net lease through 2030
  • Located in busy Downtown Flushing near Main Street
  • Two ground-floor community facility units in mixed-use building
  • Strong transit access and nearby major destinations

Executive Summary

Fully leased community facility condo located in Downtown Flushing. The property consists of two ground-floor units leased to Finest Adult Day Care Center LLC under a triple net lease through 2030, providing stable income with limited landlord responsibility.
Positioned between Main Street and College Point Blvd, the property benefits from strong foot traffic, dense surrounding development, and excellent access to the 7 train, LIRR, and nearby bus routes.
Close to Skyview Mall, Citi Field, and LaGuardia Airport, supporting long-term demand.

Property Facts

Price $4,589,715 CAD
Price / SF $1,226 CAD / SF
Cap Rate 5.60%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 3,743 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
Royal Plaza
132-35 41st Rd, 1st Floor - Unit CF-1F, Flushing, NY 11355
Office Condo 2,326 SF 2008 -
Royal Plaza
132-35 41st Rd, 1st Floor - Unit CF-1E, Flushing, NY 11355
Office Condo 1,417 SF 2008 -
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  • Listing ID: 40898850

  • Date on Market: 2026-06-12

  • Last Updated:

  • Address: Royal Plaza Portfolio of 2 For Sale, Flushing, NY

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