Listed by Kassin Sabbagh Realty
$5,000,000
142-28 38th Avenue (Retail)
Details
Property Type Retail
Sub Type Commercial/mixed-use
Square Footage 9,809
Price per SqFt $509
Stories 1
Lot Size (SqFt) 9,909
Zoning RB. C2-2
Parking Spaces 47 spaces
Parking Per SqFt 4.79
Retail | 9,809 SqFt
Marketing description
Kassin Sabbagh Realty (KSR) is exclusively marketing the mixed-use property at 142-28 38th Avenue in Flushing, Queens. This 11-story building encompasses approximately 53,225 square feet, featuring 23 residential units, four commercial units, and 47 parking spaces. The residential units offer modern amenities, including wood flooring, granite countertops, stainless steel appliances, and in-unit washer/dryers. The ground floor retail space boasts 22-foot ceilings with a mezzanine, providing an ideal setting for commercial ventures
Situated in the heart of Downtown Flushing, the property benefits from high foot traffic and proximity to numerous dining, shopping, and entertainment options. Notable nearby establishments include Bodyrok Pilates, Starbucks, Equinox, SoulCycle, Chipotle, The Ned, Sweetgreen, The Ritz, Moxy Chelsea, and Cava. This property presents a prime opportunity for investors seeking a high-traffic location with strong neighborhood tenancy.
Investment highlights
- 9,809 SF
- Frontage 50'
- Ceiling Height 22'
- Asking Rent $5,000,000
Listing Contacts
Listed by Kassin Sabbagh Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
