151-27 34th Ave
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151-27 34th Ave
1,600 SF 100% Leased Retail Building Flushing, NY 11354 $1,700,000 ($1,063/SF) 8.82% Cap Rate
Executive Summary
This is a mixed used building that includes a new Laundromat in excellent condition all new appliance (washer and dryer) recently purchased in 2023. Net income of $10,000 and 2nd floor is being leased for $2,500.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,600 SF
Building Class
C
Year Built
1931
Price
$1,700,000
Price Per SF
$1,063
Cap Rate
8.82%
NOI
$150,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.02 AC
Zoning
R3 - Low density residential district
Frontage
21 FT on 34th Ave
Walk Score ®
Walker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 05236-0128 | Improvements Assessment | $25,312 |
Land Assessment | $6,009 | Total Assessment | $31,321 |
PROPERTY TAXES
Parcel Number
05236-0128
Land Assessment
$6,009
Improvements Assessment
$25,312
Total Assessment
$31,321
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Presented by
Americana Realty Group
151-27 34th Ave
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