164-03 /05/07/09 Northern Blvd

Flushing, NY 11358
  • $6,900,000

    Price

About the Listing APWE01 - 173942,190169

PRIME NORTHERN BOULEVARD INVESTMENT OPPORTUNITY – FOUR-BUILDING PACKAGE – $6,900,000 Excellent opportunity to acquire four adjoining commercial properties located at 164-03, 164-05, 164-07, and 164-09 Northern Boulevard, Flushing, NY 11358. The package offers approximately 4,515 SF of land and 6,704 SF of building area, with R5B/C2-2 zoning. Ideally situated along Northern Boulevard, a well-established commercial corridor offering excellent visibility, strong neighborhood presence, and convenient access to shopping, restaurants, and transportation. Currently generating approximately $304,428 in annual rental income, with additional upside potential from one vacant second-floor space at 164-07 Northern Boulevard. At an estimated monthly rent of $2,500 for the vacant space, potential annual rental income could reach approximately $334,428. Annual property taxes: $86,238. An attractive opportunity for investors seeking an income-producing commercial property portfolio with additional leasing potential in Flushing, Queens. Asking Price: $6,900,000. All Four Properties Offered Together as One Package.

Listing Highlights for 164-03 /05/07/09 Northern Blvd

Status Active
Days on Site 0
Property Type Commercial Sale
MLS ® 1066735
Year Built
County Queens
School District Queens 25

Interior Details

  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Finished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $86,238
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Monthly Payment

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  • in Taxes
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Listing Location

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164-03 /05/07/09 Northern Blvd Flushing, NY 11358

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Originating MLS: onekey2

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