$2,780,000
43-07 162 Street, Flushing
Details
Property Type Mixed Use, Office
Sub Type Day Care/Nursery, Restaurant
Square Footage 6,720
Net Rentable (SqFt) 6,720
Cap Rate 7.33%
NOI $203,750
Price per SqFt $414
Stories 3
Lot Size (SqFt) 3,000
Zoning R5B, C2-2.
Mixed Use | 7.33% CAP | 6,720 SqFt
Marketing description
Mixed use residential and commercial building in heart of Koreatown of Flushing. Huge building size of (30x56) with 3 parking spaces and large basement (1680 sq ft) with street level entrance and elevator access for storage and commercial usage . Currently ground floor (1680 sq ft) leased to Music school. 2nd and 3rd floor has 4 separate apartment varying from 1-3 bedrooms each. Zone R5B, C2-2. Potential for doctor's office, church, physical therapy, acupuncture, day care yoga and pilates etc. Walk to LIRR Broadway station and shops and bus stops along Northern Blvd. High potential return investment.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$203,750.00
$16,979.17/mo
Valuation Metrics
0
DSCR
7.33%
Cap Rate
7.33%
ROI
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