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136-20 Booth Memorial Ave
17,272 SF Retail Condo Unit Offered at $12,800,000 in Flushing, NY 11355
Investment Highlights
- Mixed-Use Property with Large Open Spaces
- Total 24,513 SF Parking Area
- Total 17,271 SF Storefronts
Executive Summary
This 4-year-old building is very well maintained.
Property Facts
| Price | $12,800,000 | Building Class | C |
| Unit Size | 17,272 SF | Floors | 3 |
| No. Units | 1 | Typical Floor Size | 17,272 SF |
| Total Building Size | 62,309 SF | Year Built | 2020 |
| Property Type | Multifamily (Condo) | Lot Size | 0.42 AC |
| Property Subtype | Apartment | Sale Conditions | Ground Lease (Leasehold) |
| Sale Type | Investment |
| Price | $12,800,000 |
| Unit Size | 17,272 SF |
| No. Units | 1 |
| Total Building Size | 62,309 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 17,272 SF |
| Year Built | 2020 |
| Lot Size | 0.42 AC |
| Sale Conditions | Ground Lease (Leasehold) |
1 Unit Available
Unit C1-10
| Unit Size | 17,272 SF | Sale Type | Investment |
| Price | $12,800,000 | Cap Rate | 5.34% |
| Price Per SF | $741.08 | NOI | $682,992 |
| Condo Use | Retail | Sale Conditions | Ground Lease (Leasehold) |
| Unit Size | 17,272 SF |
| Price | $12,800,000 |
| Price Per SF | $741.08 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| NOI | $682,992 |
| Sale Conditions | Ground Lease (Leasehold) |
Description
The total square footage of 3 commercial units (ground floor) is 17,270 SF, 6 commercial units in the basement with a parking lot of 63 parking spaces. Total sf is 18,865 sf for the ground floor, basement and parking lot. The Commercial Units can be sold separately. THIS LISTING DOES NOT INCLUDE THE 24 MULTI-FAMILY UNITS.
Sale Notes
This 4-year-old building is very well maintained. Only a portion of the building is being sold. Annual income $843,600. Great investment property with good tenants. THIS LISTING DOES NOT INCLUDE THE 24 MULTI-FAMILY UNITS. The Commercial Units can be sold separately.
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- On-Site ATM
zoning
| Zoning Code | R4-/C1-2 (R4 a low-density residential zoning district, C2 a commercial overlay district that is primarily residential with commercial uses on the street level) |
| R4-/C1-2 (R4 a low-density residential zoning district, C2 a commercial overlay district that is primarily residential with commercial uses on the street level) |
Presented by
136-20 Booth Memorial Ave
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