Commercial Sale in Flushing, Queens, NY 11357 | Web ID: PH527647 | $1,188,000

 
Property Description

Calling all investors, developers & end-users!!! 2, 400+ sqft. Corner medical office building for sale!!! The building features excellent signage, great exposure, strong r3-1 zoning, 10 parking spaces, gated lot, high 9' ceilings, 4 separate meters, 2 ramps, all new led lighting, 200 amp power, cac, +++!!! The property is located in the heart of flushing just off francis lewis blvd. & only 11 blocks from the cross island parkway!!! Neighbors include ups, usps, td bank, the home depot, target, t. J. Maxx, restaurant depot, shell, dunkin', walgreens, petco, mcdonald's, baskin-robbins, +++!!! This property offers huge upside potential!!! This could be your development site or the next home for your business!!! Income: 2nd floor: physical therapist (1, 224 sqft. ): $39, 900 ann. ; m-m. 1st floor: office (1, 224 sqft. ): $68, 800 ann. (available) total pro forma gross income: $108, 700 ann. Expenses: electric: $0 gas: $0 ann. Insurance: $7, 000 ann. Maintenance & repairs: $250 ann. Water: $520 ann. Snow & landscape: $600 ann. Taxes: $24, 485. 80 ann. Total expenses: $32, 855. 80 ann. Net operating income (noi): $75, 844. 20 ann.

Property Information
Location/Town Flushing
Area/County Queens
Prop. Type Commercial Sale
Tax $24,485.00
# Stories 2
Year Built 1985
Total Units 4
Lot Size 95x40
Lot SqFt 3,800
Zoning Med Off Bl
Tax Lot 21
Units 4
Listing information courtesy of: All Island Estates Realty Corp
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