136-20 Booth Memorial Ave - Apartments FOR SALE


Flushing, NY 11355
$12,800,000 USD
516-990-8888
136-20 Booth Memorial Ave, Flushing, NY for Sale
$12,800,000 USD
Apartments - FOR SALE
1/6
null | 5.34% Cap Rate

136-20 Booth Memorial Ave
Flushing, NY 11355


OVERVIEW

This 4-year-old building is very well maintained. Only a portion of the building is being sold. The total square footage of 3 commercial units (ground floor) is 17,270 SF, 6 commercial units in the basement with a parking lot of 63 parking spaces. Total sf is 18,865 sf for the ground floor, basement and parking lot. Annual income $843,600. Great investment property with good tenants. THIS LISTING DOES NOT INCLUDE THE 24 MULTI-FAMILY UNITS. The Commercial Units can be sold separately.

FOR SALE DETAILS

PRICE

$12,800,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

24

PRICE/UNIT

$533,333

CAP RATE

5.34%

% LEASED

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,361 SF

ZONING

R4-/C1-2

APN/PARCEL ID

06371-1001

ASK ABOUT THIS PROPERTY

Karen ZhengB Square RealtyMore Info
516-990-8888

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Karen ZhengB Square RealtyMore Info
516-990-8888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.