Solo Real Estate Corporation
Listed by Solo Real Estate Corporation
$1,588,000
2518 Francis Lewis Boulevard
Details
Property Type Office
Sub Type Traditional Office, Executive Office
Units 3
Cap Rate 5.00%
NOI $80,000
Buildings 1
Zoning R4
Parking Spaces spaces
Office | 5.00% CAP
Marketing description
Commercial building for sale. Conveniently located on the border of Whitestone and Bayside, Queens, NY. 3-story building. Each level is 1,000 SF. Separate utility meters. Excellent location, close proximity to Whitestone Expressway, Throgs Neck Bridge, Whitestone Bridge, Cross Island Parkway, Grand Central, Van Wyck Expwy…First floor delivered vacant. Block/Lot: 4914/16 Lot dimension 24.8*87
Building SF: 3,081 Zoning: R4
3-Story commercial building for sale. Separate meters, 3. One per floor.
+/-1,000 SF per floor, total 3,081 SF. 6 Split unit HVAC, 2 per floor.
1Parking 3 baths, 3 kitchenettes. One per floor.
Rear yard space, enclosed. Full floor windows, sunny.
Fully leased till 2027. Excellent commercial tenants. Great investment, occupier, redevelopment opportunity. Possible to convert to residential, consult an independent architect. Residential Conversion option available and approved.
Listing Contacts
Solo Real Estate Corporation
Listed by Solo Real Estate Corporation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,000.00
$6,666.67/mo
Valuation Metrics
0
DSCR
5.04%
Cap Rate
5.04%
ROI
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