5670 58th St - Specialty FOR SALE


Flushing, NY 11378
$19,888,888 USD
718-894-8700
5670 58th St, Flushing, NY for Sale
$19,888,888 USD
Specialty - FOR SALE
1/30
null | Request Cap Rate

5670 58th St
Flushing, NY 11378


HIGHLIGHTS

  • Built as and currently used as an event space. Most of the interior design is originally dating back to the 1920s
  • M1-1 Zoning allows for multiple uses including warehouses, event space, distribution, manufacturing, etc.

OVERVIEW

This large brick corner property is currently used as a party and entertainment venue, offering a total building size of approx. 25,626 square feet and a lot area of 16,000 square feet. It features 9,735 square feet on both the lower and first floors, along with an additional 6,150 square feet on the mezzanine level. Extra lower-level space is also available, providing potential for additional income. The majority of the first floor boasts 30-foot ceilings, and the building is equipped with a new roof, concrete floors, and upgraded plumbing and electrical systems. Located in an area with heavy vehicular traffic, the property enjoys high visibility and accessibility. Off street parking for approx. 8-10 cars. Also includes drive in and loading dock access.

FOR SALE DETAILS

PRICE

$19,888,888 USD

PRICE/SF

$1,031 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

undefined, Bar, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

M1-1

APN/PARCEL ID

02577-0025

ASK ABOUT THIS PROPERTY

Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

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Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

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