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32-32 Linden Pl 15 376 pi² Industriel Immeuble Flushing, NY 11354 8 252 400 $ CAD (536,71 $ CAD/pi²) 4,42% Taux de capitalisation
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Faits saillants de l'investissement
- Rare opportunity to acquire a sizable, income-generating commercial site in one of Queens’ most dynamic neighborhoods.
- Significant redevelopment potential for mixed-use, higher-density commercial, or residential conversion.
- Established tenant provides immediate cash flow while new owner pursues value-add or ground-up redevelopment.
- Excellent M1-1 zoning provides strong as-of-right flexibility for light industrial, commercial, office, hotel, retail, and service uses.
- Large lot supports substantial new construction or expansion.
Résumé de l'annonce
Stabilized Income-Producing Commercial Property with Strong Redevelopment Upside
• Rental Income: $22,115/month ($265,380 annualized)
• Building Size: 15,376 SF
• Lot Size: 15,625 SF (125’ × 125’)
• Zoning: M1-1 (Light Manufacturing)
• Year Built: 1959 | 1 Story | 1 Unit
• Current Use: Auto body / collision repair (G2) — fully operational and income-producing
• Cap Rate: ˜4.42% (going-in, based on current income)
Location Advantages
Strategically located in the heart of Flushing, a rapidly growing “Second Chinatown” with robust commercial activity, diverse demographics, and excellent transit access (7 train and proximity to LIRR). The area continues to attract significant investment and rezoning activity that supports higher-intensity development.
Investment Profile
Ideal for developers, investors, and owner-users seeking a turnkey income asset with substantial long-term upside in a high-demand Queens submarket. The combination of current rental income and redevelopment flexibility makes this a compelling opportunity in a location with proven buyer demand.
• Rental Income: $22,115/month ($265,380 annualized)
• Building Size: 15,376 SF
• Lot Size: 15,625 SF (125’ × 125’)
• Zoning: M1-1 (Light Manufacturing)
• Year Built: 1959 | 1 Story | 1 Unit
• Current Use: Auto body / collision repair (G2) — fully operational and income-producing
• Cap Rate: ˜4.42% (going-in, based on current income)
Location Advantages
Strategically located in the heart of Flushing, a rapidly growing “Second Chinatown” with robust commercial activity, diverse demographics, and excellent transit access (7 train and proximity to LIRR). The area continues to attract significant investment and rezoning activity that supports higher-intensity development.
Investment Profile
Ideal for developers, investors, and owner-users seeking a turnkey income asset with substantial long-term upside in a high-demand Queens submarket. The combination of current rental income and redevelopment flexibility makes this a compelling opportunity in a location with proven buyer demand.
Faits sur la propriété
| Prix | 8 252 400 $ CAD | Taille du lot | 0,36 AC |
| Prix par pi² | 536,71 $ CAD | Aire du bâtiment louable | 15 376 pi² |
| Type de vente | Investissement | Nombre d’étages | 1 |
| Taux de capitalisation | 4,42% | Année de construction | 1959 |
| Type de propriété | Industriel | Location | Unique |
| Classe d’immeuble | C | Zone de développement économique |
Oui
|
| Zonage | M1-1 - light manufacturing district in NYC designed for low-performance industrial uses, typically acting as a buffer between heavy industrial zones and residential/commercial areas | ||
| Prix | 8 252 400 $ CAD |
| Prix par pi² | 536,71 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 4,42% |
| Type de propriété | Industriel |
| Classe d’immeuble | C |
| Taille du lot | 0,36 AC |
| Aire du bâtiment louable | 15 376 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1959 |
| Location | Unique |
| Zone de développement économique |
Oui |
| Zonage | M1-1 - light manufacturing district in NYC designed for low-performance industrial uses, typically acting as a buffer between heavy industrial zones and residential/commercial areas |
1 1
Exceptionnellement practicable à pied
100/100
Moyennement facile d'accès en voiture
60/100
Transports en commun exceptionnels
100/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 04950-0072 | Évaluation des bâtiments | 745 396 $ CAD |
| Évaluation du terrain | 225 111 $ CAD | Évaluation totale | 970 507 $ CAD |
Impôts fonciers
Numéro de lot
04950-0072
Évaluation du terrain
225 111 $ CAD
Évaluation des bâtiments
745 396 $ CAD
Évaluation totale
970 507 $ CAD
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Présenté par
Joseph Fabrizio
32-32 Linden Pl
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