Commercial Investment Building | 35-02 150th Pl
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Commercial Investment Building 35-02 150th Pl
6,473 SF 100% Leased Office Building Flushing, NY 11354 $3,800,000 ($587/SF) 4.90% Cap Rate
Executive Summary
The subject property is a 3 Stories Commercial Building including 13 .Units. The building was built in 2000, and has 7,696 interior sq ft.
Lot size is 57 x 99 and it is 5,643 Sq ft. Prime location, located between Northern Blvd and 35 Ave, and only 5 blocks to Roosevelt Ave.. Close to subway 7 Train on the corner of Roosevelt Ave and Main St.
A well- maintained professional office and Medical 3 story with elevator building and located at a highly visible corner of the busy 150th street and Northern Blvd, Flushing. lot size 5,650 sq ft and 13 parking spaces. The building 7,696 sq ft has 13 tenants units . it is close to everything flushing offers like supermarket, restaurant, pharmacy and convenient stores.
Lot size is 57 x 99 and it is 5,643 Sq ft. Prime location, located between Northern Blvd and 35 Ave, and only 5 blocks to Roosevelt Ave.. Close to subway 7 Train on the corner of Roosevelt Ave and Main St.
A well- maintained professional office and Medical 3 story with elevator building and located at a highly visible corner of the busy 150th street and Northern Blvd, Flushing. lot size 5,650 sq ft and 13 parking spaces. The building 7,696 sq ft has 13 tenants units . it is close to everything flushing offers like supermarket, restaurant, pharmacy and convenient stores.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
6,473 SF
Building Class
B
Year Built/Renovated
2000/2008
Price
$3,800,000
Price Per SF
$587
Cap Rate
4.90%
NOI
$186,211
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,157 SF
Slab To Slab
10’
Building FAR
1.14
Lot Size
0.13 AC
Zoning
R3-2
Parking
1 Space (0.15 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (71)
PROPERTY TAXES
| Parcel Number | 05008-0019 | Improvements Assessment | $323,100 |
| Land Assessment | $198,000 | Total Assessment | $521,100 |
PROPERTY TAXES
Parcel Number
05008-0019
Land Assessment
$198,000
Improvements Assessment
$323,100
Total Assessment
$521,100
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Commercial Investment Building | 35-02 150th Pl
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