150-20 12th Rd - Apartments FOR SALE


Flushing, NY 11357
$2,200,000 USD
646-889-9988
150-20 12th Rd, Flushing, NY for Sale
$2,200,000 USD
Apartments - FOR SALE
1/9
null | 6% Cap Rate

150-20 12th Rd
Flushing, NY 11357


HIGHLIGHTS

  • Brand new construction, anticipated delivery is the end of Quarter 4, 2024.
  • The commercial property benefits from ICAP tax abatement.
  • The location is excellent, close to schools, supermarkets, restaurants, and more.

OVERVIEW

This brand new MIX-USE building is located in the bustling commercial district of Whitestone! One retail store + 2 families! The commercial store benefits from ICAP tax abatement. Each buildings size are approximately sized 20ft x 70ft, featuring three floors plus a 10-13' ft basement with a separate entrance. The first floor is a commercial storefront, while the second and third floors are residential units total 2 families. The residential layout includes three bedrooms and one bathroom, with the second floor having a large terrace and the third floor a balcony. The retail space on the ground floor faces the street and spans approximately 20 x 70 feet, including a private restroom. The location is excellent, close to schools, supermarkets, restaurants, and more. There are 4 buildings available, all under construction phase; estimated delivery time at end of 2024. $2,200,000 per building.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$733 USD /SF

# OF UNITS

3

PRICE/UNIT

$733,333

CAP RATE

6%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

R3-2, C2-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Barbie LiB Square RealtyMore Info
646-889-9988

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

Barbie LiB Square RealtyMore Info
646-889-9988

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