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For SaleLuxury

$6,900,000

16 days on market

164-03/05/07/09 Northern Boulevard

Flushing, NY 11358

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

PRIME NORTHERN BOULEVARD INVESTMENT OPPORTUNITY – FOUR-BUILDING PACKAGE – $6,900,000 Excellent opportunity to acquire four adjoining commercial properties located at 164-03, 164-05, 164-07, and 164-09 Northern Boulevard, Flushing, NY 11358. The package offers approximately 4,515 SF of land and 6,704 SF of building area, with R5B/C2-2 zoning. Ideally situated along Northern Boulevard, a well-established commercial corridor offering excellent visibility, strong neighborhood presence, and convenient access to shopping, restaurants, and transportation. Currently generating approximately $304,428 in annual rental income, with additional upside potential from one vacant second-floor space at 164-07 Northern Boulevard. At an estimated monthly rent of $2,500 for the vacant space, potential annual rental income could reach approximately $334,428. Annual property taxes: $86,238. An attractive opportunity for investors seeking an income-producing commercial property portfolio with additional leasing potential in Flushing, Queens. Asking Price: $6,900,000. All Four Properties Offered Together as One Package.

Listing agent (MLS): Raymond C. Wong · Listing brokerage (MLS): Apple Realty Group Corp

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$6,900,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

16

· 8% down, 7% APR, 30yr fixed
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Courtesy of Apple Realty Group Corp