HIGHLIGHTS: SALE
PRICE: $2,500,000 BLOCK/LOT: 5393/109 & 9
Cap 5.08% actual. # of Buildings: 2; Units: 6
Lot Size: 4,000 SF Layout: Lower level retail,
Lot Dimensions: 40’ X 100’ ground, 2nd Floor, 2 each.
Building Dimension 4227: ZONING: C2-2/R5B
20’ x 70’, first FL; Total Commercial SF: 6,400 SF
20’ x 30’, second FL. Built: 1996
20’ x 70’, lower FL; RE TAX Q3 2024/2025: $
3,400 Commercial SF $26,422.88 + $23,371.84 =
Building Dimension 4229: $49,794.72
20’ x 50’, first FL: # of Floors: 3 (LL, 1st, 2nd)
20’ x 50’, second FL. Electric Meter: 6
20’ x 50’, lower FL. Gas Meter: 6
3,000 Commercial SF HVAC: 6 independent units, plus
additional split units.
4227 162nd Street & 4229 162nd Street, Flushing, New York
EXCLUSIVE
Exceptional Retail-Commercial Investment Opportunity Along 162 Street Retail Corridor
This offering includes two well-maintained retail-commercial buildings, strategically located along the bustling 162 Street retail corridor in Flushing, New York.
Key Highlights:
Property Details:
Total Units: 6 commercial units
Occupancy: 5 units are currently occupied, and 1 is actively being leased
Tenant Stability: All tenants are on leases and in good standing
Tenant List and Rent Roll: Available upon request
Prime Location:Situated just off Northern Blvd, this property is ideally positioned within a thriving retail hub. The surrounding area features a dynamic mix of businesses, including:
Restaurants, quick-service restaurants (QSRs), bakeries, and coffee shops
Specialty retailers like a photo studio, ski and snow gear rental, and a golf simulation center
Personal services such as hair studios, yoga and dance studios, facial spas, and martial arts studios
Convenient amenities like a pharmacy, pizzeria, and convenience stores
Financing Opportunities:
DSCR Loan: Ideal for leveraging depreciation benefits and maximizing ROI
Minimum Down Payment: +/-42% or higher
This investment is an outstanding opportunity to acquire a property in a highly sought-after location with a diverse and stable tenant mix.
Exceptional asset, call listing broker for purchase details.
Héna 646-416-1174.