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516-783-5600

149-65 24th Avenue, Flushing, NY 11357

[Flushing Real Estate, listing number 2075162]



Description: 2075162
   Calling All Investors, Developers & End-Users!!! 2,400+ Sqft. Corner Medical Office Building For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong R3-1 Zoning, 10 Parking Spaces, Gated Lot, High 9'' Ceilings, 4 Separate Meters, 2 Ramps, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Flushing Just Off Francis Lewis Blvd. & Only 11 Blocks From The Cross Island Parkway!!! Neighbors Include UPS, USPS, TD Bank, The Home Depot, Target, T.J. Maxx, Restaurant Depot, Shell, Dunkin'', Walgreens, Petco, McDonald''s, Baskin-Robbins, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Development Site Or The Next Home For Your Business!!! Income: 2nd Floor: Physical Therapist (1,224 Sqft.): $39,900 Ann.; M-M. 1st Floor: Office (1,224 Sqft.): $68,800 Ann. (Available) Total Pro Forma Gross Income: $108,700 Ann. Expenses: Electric: $0 Gas: $0 Ann. Insurance: $7,000 Ann. Maintenance & Repairs: $250 Ann. Water: $520 Ann. Snow & Landscape: $600 Ann. Taxes: $24,485.80 Ann. Total expenses: $32,855.80 Ann. Net Operating Income (NOI): $75,844.20 Ann.Calling All Investors, Developers & End-Users!!! 2,400+ Sqft. Corner Medical Office Building For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong R3-1 Zoning, 10 Parking Spaces, Gated Lot, High 9'' Ceilings, 4 Separate Meters, 2 Ramps, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Flushing Just Off Francis Lewis Blvd. & Only 11 Blocks From The Cross Island Parkway!!! Neighbors Include UPS, USPS, TD Bank, The Home Depot, Target, T.J. Maxx, Restaurant Depot, Shell, Dunkin'', Walgreens, Petco, McDonald''s, Baskin-Robbins, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Development Site Or The Next Home For Your Business!!! Income: 2nd Floor: Physical Therapist (1,224 Sqft.): $39,900 Ann.; M-M. 1st Floor: Office (1,224 Sqft.): $68,800 Ann. (Available) Total Pro Forma Gross Income: $108,700 Ann. Expenses: Electric: $0 Gas: $0 Ann. Insurance: $7,000 Ann. Maintenance & Repairs: $250 Ann. Water: $520 Ann. Snow & Landscape: $600 Ann. Taxes: $24,485.80 Ann. Total expenses: $32,855.80 Ann. Net Operating Income (NOI): $75,844.20 Ann.

Details:
   Families: 4
   Property Type: Commercial
   Lot Size: 95x40
   Acres: 0.09
   Built: 1985

Financials:
   Price: $1,050,000
   Taxes: $24,485

R. Matthew Shane2

All Island Estates Realty Corp.
R. Matthew Shane
Lic. Real Estate Salesperson
Office: 516-783-5600

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