Price Reduced 13.21%

$3,298,000

Est. Mortgage $16,460/mo *

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Price History

$3,800,000
4/19/2023

$3,580,000
10/25/2023

$3,298,000
11/4/2024

150-05 Northern Boulevard, Queens, (Flushing), NY, 11354

150-05 Northern Boulevard, Queens, (Flushing), NY, 11354
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2005

150-05 Northern Blvd, a 2005-built, 7,850 SF mixed-use building situated in the bustling neighborhood of Flushing, NY. 5% CAP rate. This well-maintained property consists of a ground-floor retail space (currently configured as a restaurant) and four residential apartments: two 3-bedroom, 2-bathroom units and two duplex 2-bedroom, 2-bathroom units. The property has a strong tenant base, with good-paying tenants and a history of low vacancy. Portion of RE tax paid by retail tenant. The building is easy to manage and well-maintained, providing a hassle-free investment opportunity for potential buyers. Flushing is a rapidly growing neighborhood, known for its diverse culture and thriving business district. This mixed-use property presents a significant appreciation potential, as the area continues to develop and attract new businesses and residents.

Status:

Active

Town:

Queens

Type:

Commercial

Zoning:

R6A

Acreage:

0.04

Est. Taxes:

$75,000

MLS #:

3472353

Community Info

School Info

Walk Score

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Listing courtesy of B Square Realty Inc 646-889-9988