45-16 162nd Street, Flushing, New York 11358 (MLS# 3452331)
Commercial Sale listing in Queens County
Listing ID3452331
Sold For$3,650,000
StatusClosed
Sold Date8/10/2023
Acres
0.140
CountyQueens
Year Built1931
Property TypeCommercial Sale
Property Sub TypeMixed Use
WONDERFUL OPPORTUNITY TO ACQUIRE THIS FULLY LEASED TWO STORY INVESTMENT PROPERTY IN THE HEART OF A THRIVING RETAIL CORRIDOR. THE 6,000SF (60 X 100) LOT PLAYS HOST TO THE +/- 13,000 SF BRICK BUILDING. THE ATTRACTIVE AND DIVERSIFIED TENANT MIX CONSISTS OF SIX CONSISTENTLY PERFORMING TENANTS. STRONG, VERIFIED NOI OF $184,768 PRODUCERS A DESIRABLE RATE OF RETURN. FANTASTIC BUSINESS LOCATION WITH CLOSE PROXIMITY TO NORTHERN BLVD AND AMPLE PUBLIC TRANSPORTATION OPTIONS INCLUDING THE LIRR AND MULTIPLE SUBWAY AND BUS LINES.
County
Queens
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1931
Current Use
Retail
Mls Status
U
Moved From
Flushing
Area Units
Square Feet
Building Size
60 x 100
Office Percent Of Building
50
Square Footage
13150.00
Square Footage Source
Municipality
Stories Total
2
Directions
162nd St
MLS Area Minor
12
Township
Queens
Zoning Description
C2-2
Flood Zone Report
no
Lot Size Area
0.14
Lot Size Dimensions
60x100
Lot Size Source
Other
Lot Size Square Feet
6000
Lot Size Units
Acres
Number Of Buildings
1
Number Of Units Total
6
Road Frontage Length
60
Sewer
Sewer
State Or Province
NY
Contract Price
3750000.00
Gross Income
292004
High Price Dollars
3790000
Net Operating Income
184768
Operating Expense
107236
Tax Annual Amount
99229
Tax Block
5440
Tax Lot
48
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