Water Front Luxury Realty

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$5,500,000
318 Days Online

149-30 Northern Boulevard
Flushing, NY 11354

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2007
Built
County:
Queens
Listing courtesy of All Island Estates Realty Corp 516-783-5600

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987-456-3210
149-30 Northern Boulevard149-30 Northern Boulevard149-30 Northern Boulevard149-30 Northern Boulevard
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Monthly Payment (Est.)

$25,093
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Calling All Investors, Developers & End-Users!!! 12 Unit 8, 500 Sqft. Shopping Center For Sale On Prestigious Northern Blvd.!!! The Property Is Located In The Heart Of Downtown Flushing!!! The Building Features Excellent Signage, Great Exposure, Strong R6A/C2-2 Zoning, 2 Stories, 18 Parking Spaces, High 12' Ceilings, All New LED Lighting, Elevator, 3 Phase Power, CAC+++!!! Neighbors Include UPS, Nike, Cathay Bank, East West Bank, Sheraton Hotels, Stop & Shop, Macy's, Life Storage, Dunkin', AutoZone, 7-Eleven, Mobil, Shell, IHOP, Taco Bell, McDonald's, Domino's, Wendy's, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: LL: Acupuncture (2 Stores 1, 200 Sqft.): $43, 200 Ann. Lease Exp.: 4/1/28. Auto Sales (550 Sqft.): $31, 200 Ann. 3% Annual Increase. Lease Exp.: 2/1/26 + 3 Year Option. Veterinarian (500 Sqft.): $32, 400 Ann. 3% Annual Increase. Lease Exp.: 6/1/27. 1st Floor: Store (600 Sqft.): $188, 000 Ann. (Available) Terrace (1, 400 Sqft.): $55, 200 Ann. (Available) Cinderella Hair Salon (2 Stores 800 Sqft.): $76, 800 Ann. 3% Annual Increase. Lease Exp.: 3/1/31. They Pay Their Own Water (Separate Meter). 2nd Floor: Dentist: (2 Stores 900 Sqft.) $56, 400 Ann. 3% Annual Increase. Lease Exp. 2/1/28 + 5 year option. Been Here 15 Years So Far. 12 Parking Spaces: $25, 200 Ann. $1, 200 Increase Every 3 Years. Clothing Store Simply B: (450 Sqft.) $34, 800 Ann. M-M. Been Here 15+ Years So Far. Skin Care: (400 Sqft.) $44, 400 Ann. 3% Annual Increase Every 2 Years. Lease Exp.: 12/1/27 + 5 Year Option. Expenses: Gas: $2, 000 Ann. Electric: $2, 000 Ann. Water: $2, 500 Ann. Trash: $3, 180 Ann. Elevator: $5, 200 Ann. Insurance: $7, 200 Ann. Taxes: $90, 879.60 Ann. Total Income: $428, 000 Ann. Total Expenses: $112, 959.60 Ann. Pro Forma Net Operating Income (NOI) :$315, 040.40 Ann.

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Listing Snapshot
Price 
$5,500,000
Days Online 
318 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
2007
MLS® Number 
3484030
Status 
Active
Property Tax 
$90,880
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
10 months agoListing first seen online
General Features
Number of Stories 
2
Acreage 
0.07
Zoning 
R6A, C2-2
Cross Street 
150th Street
Property Sub Type 
Mixed Use
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Community Features
Township 
Queens
Listing courtesy of All Island Estates Realty Corp 516-783-5600


Based on information submitted to the MLS GRID as of 2024-04-23 06:10 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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