253-09 Northern Blvd
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253-09 Northern Blvd
2,118 SF 100% Leased Retail Building Flushing, NY 11362 $2,100,000 ($991.50/SF) 2.98% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic area
- Prime commercial area near a busy intersection
EXECUTIVE SUMMARY
Fully operational, local favorite restaurant located in the bustling Little Neck neighborhood of Queens. This primary mixed-use property offers an incredible investment opportunity. Established restaurant for over 15 years with a fully equipped basement and an additional bathroom for storage use. Included is a parking space in the back of the building. Second level is a recently renovated oversized 2 bedroom, 1 bathroom apartment unit. Close proximity to all Transporation.
DATA ROOM Click Here to Access
- Miscellaneous
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,118 SF
Building Class
C
Year Built
1924
Price
$2,100,000
Price Per SF
$991.50
Cap Rate
2.98%
NOI
$62,618
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.22
Lot Size
0.04 AC
Zoning
R3-1 Queens - Low density residential district
Frontage
22’ on Northern Blvd
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08132-0053 | Improvements Assessment | $176,850 |
| Land Assessment | $37,800 | Total Assessment | $214,650 |
PROPERTY TAXES
Parcel Number
08132-0053
Land Assessment
$37,800
Improvements Assessment
$176,850
Total Assessment
$214,650
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253-09 Northern Blvd
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