Viji Varghese
Call: (718) 781-5937
Text: (718) 781-5937
MLS#997116
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLQueens 26
Property Description
Two Stories corner commercial property including 3 stores and offices plus many parking spots on Northern Blvd. in E. Flushing for sale.Store #2 ALSO for lease: 1,500 SF on the first floor, plus a storage room in the basement, & 3 parking spots.Monthly rent $8,500, plus 20% of the real estate tax, total $10,000 per month. 2 months rent as the deposit.Available around 1.5 months after the lease is duly signed.Zoning: R5B / C2-2. Built in 1950. Hi-end Renovated in 2021.Lot Frontage: 107 Ft. Lot Depth: 100 Ft.Lot size: 10,675 Sq Ft.Building Width: 48 Ft. Lot Depth: 93 Ft.Building size: 10,284 Sq Ft above grade, plus 3,438 Sq Ft in Cellar.Total 13,722 Sq Ft.The whole property is leased by long term tenants. Stable income investment with an upside potential.It can't be delivered vacant.'Three leases end around 2027, 2030 or 2032.* Rental income: $489,912Annual Expenses: $56,273Net income: $433,639Cap around 4.5%
Property Features
Property Type: Commercial - Retail
Basement: Finished
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.25 Acres
Taxes: $86,200
Year Built: 1950
Feature Descriptions
Building Area Total: 10300
Building Features: Lobby, Storage
Business Type: Commercial, Variety
Days on Site: 100
Exterior: Brick
On Market Date: 2026-05-08
Parking Features: Parking Lot
Rental Term: Monthly
Sewer: Public Sewer
Utilities: See Remarks
Water: Public
Local Schools
High School: Francis Lewis High School
Middle School: Is 25 Adrien Block
Elementary School: Ps 107 Thomas A Dooley
School District: Queens 26
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Listed By / Shown By
Listing By
Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700
Shown By
Agent Name: Viji Varghese
Agent Phone: (718) 781-5937
Agency Title: Laffey Real Estate
Undisclosed Address Northern Boulevard | MLS# 997116
This commercial property located at Undisclosed Address Northern Boulevard, Flushing, NY 11358 is currently listed for sale with an asking price of $9,688,888. Undisclosed Address Northern Boulevard is located within the Queens 26 school district. Search Flushing real estate on vijivarghese.laffey.com today.