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150-15 Northern Blvd, Flushing, NY 11354

Mixed Use | 3.52% CAP | 7,850 SF

Listing Contacts

Active

Asking Price: $3,880,000
Address 

150-15 Northern Blvd, Queens, NY 11354

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Date Added
Feb 16, 2023
Days on Market
825 days
Time Since Last Update
56 days

Details

Property TypeMixed Use
Subtypemixed use
TenancyMulti
Number of Tenants6
Square Footage7,850
Net Rentable (sq ft)7,850
Price/Sq Ft$494.27
Cap Rate3.52%
Pro-Forma Cap Rate5.13%
NOI$136,750
Pro-Forma NOI$199,150
Units6
Year Built2005
Stories5
ZoningR6A/C2-2
Lot Size (sq ft)1,600
Broker Co-OpYes
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Marketing Description

Prime Five-Story Mixed-Use Property On high-traffic Northern Blvd in Flushing.​

Total 7,850 sq ft.​ 2 Retail Spaces, and 4 Apartments.​

Cellar: Retail space

1st floor: Retail space

2nd floor: 3 Bedroom and 2 full bathrooms

3rd floor: 3 Bedroom and 2 full bathrooms

4th floor: 2 Bedroom and 2 full bathroom

5th floor: 2 Bedroom and 2 full bathroom

Public transportation: Q13,Q15,Q15A,Q28 around the corner, LIRR Murray Station Within 5 minutes, 20 minutes walk to 7 Train on Main Street, Flushing.​ Conveniently access to Supermarkets, Restaurants, Stores, Banks and All.​

Owner/seller financing available

Investment Highlights

Prime Five-Story Mixed-Use Property On high-traffic Northern Blvd in Flushing.

Total 7,850 sq ft. 2 Retail Spaces, and 4 Apartments.

Cellar: Retail space

1st floor: Retail space

2nd floor: 3 Bedroom and 2 full bathrooms

3rd floor: 3 Bedroom and 2 full bathrooms

4th floor: 2 Bedroom and 2 full bathroom

5th floor: 2 Bedroom and 2 full bathroom

Public transportation: Q13, Q15, Q15A, Q28 around the corner, LIRR Murray Station Within 5 minutes, 20 minutes walk to 7 Train on Main Street, Flushing. Conveniently access to Supermarkets, Restaurants, Stores, Banks and All.

Owner/seller financing available

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,750.00
$11,395.83/mo

Valuation Metrics

0
DSCR
3.52%
Cap Rate
3.52%
ROI
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Due Diligence

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Listing Contacts


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