37-41 103rd St
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01769-0083 | Total Assessment | $492,750 (2024) |
Land Assessment | $92,790 (2024) | Annual Taxes | $31,345 ($4.72/SF) |
Improvements Assessment | $399,960 (2024) | Tax Year | 2023 |
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
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TrumpHan Realty
37-41 103rd St
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