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37-41 103rd St

6,647 SF 100% Leased Retail Building Flushing, NY 11368 $5,400,000 ($812/SF) 5.02% Cap Rate

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $319,671 $48.09
Other Income - -
Vacancy Loss - -
Effective Gross Income $319,671 $48.09
Taxes $31,345 $4.72
Operating Expenses $16,400 $2.47
Total Expenses $47,745 $7.18
Net Operating Income $271,926 $40.91

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $319,671
Annual Per SF $48.09
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $319,671
Annual Per SF $48.09
Taxes
Annual $31,345
Annual Per SF $4.72
Operating Expenses
Annual $16,400
Annual Per SF $2.47
Total Expenses
Annual $47,745
Annual Per SF $7.18
Net Operating Income
Annual $271,926
Annual Per SF $40.91

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,647 SF
Building Class
C
Year Built
1931
Price
$5,400,000
Price Per SF
$812
Cap Rate
5.02%
NOI
$271,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.39
Lot Size
0.11 AC
Zoning
R6B/C1-4
Frontage
50 FT on 103rd St
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
TD Bank
Pioneer Supermarkets
Flagstar
Bank of America
IHOP
Blink Fitness
CTown
Santander
Key Food

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01769-0083
Land Assessment
$92,790 (2024)
Improvements Assessment
$399,960 (2024)
Total Assessment
$492,750 (2024)
Annual Taxes
$31,345 ($4.72/SF)
Tax Year
2023
  • Listing ID: 34284494

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 37-41 103rd St, Flushing, NY 11368

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