ID #10867
NEWLY BUILT FIVE STORY CORNER COMMERCIAL BUILDING FOR SALE
PRIME INVESTMENT/USER OPPORTUNITY
ASTORIA, NEW YORK
Lot Size: 36' x 80'
Building Size:
Basement:------36' x 80' ---=-2,880
First Floor:------36' x 80' irr = 2,805
Mezzanine:-----36' x 80' irr = 2,805
Second Floor:--36' x 80'--- = 2,880
Third Floor:-----36'x 80'-----=-2,880
Fourth Floor:---36' x 80'--- = 2,880
Fifth Floor:------36' x 80' ---= 2,880
Stories: Five Plus Full Basement
Gross Square Feet: 16,920 appx
Zoning: (FAR) C4-3 (3.4) R6 Equivalent (2.43) Community Facility (4.8)
Air Rights: No Air Rights
Taxes: (25/26) $222,493.56
Description:
A 36’ wide 13 unit five story elevatored commercial building. The property is leased as a medical center to different medical tenants. The clinics have their own exam rooms and medical office space. The property has a usable basement and mezzanine which is rented.
The property is a great investment opportunity, being fully rented the tenants are paying market rent with increases. They are responsible for their own utilities. The investor can also rent it out to different community facility tenants, like a school, senior center or health club.
The building is a good user opportunity, a company can use it as their headquarters. They would have the option to rent the ground floor as retail and occupy the floors above.
The property is located in an area that’s under a lot of development and has good commercial exposure. The N train and Q102 Bus runs along 31st Street.
ASKING PRICE: $12,800,000+ fee CAP RATE: 4.0%
contact if interested: usapropertysale@gmail.com
NEWLY BUILT FIVE STORY CORNER COMMERCIAL BUILDING FOR SALE
PRIME INVESTMENT/USER OPPORTUNITY
ASTORIA, NEW YORK
Lot Size: 36' x 80'
Building Size:
Basement:------36' x 80' ---=-2,880
First Floor:------36' x 80' irr = 2,805
Mezzanine:-----36' x 80' irr = 2,805
Second Floor:--36' x 80'--- = 2,880
Third Floor:-----36'x 80'-----=-2,880
Fourth Floor:---36' x 80'--- = 2,880
Fifth Floor:------36' x 80' ---= 2,880
Stories: Five Plus Full Basement
Gross Square Feet: 16,920 appx
Zoning: (FAR) C4-3 (3.4) R6 Equivalent (2.43) Community Facility (4.8)
Air Rights: No Air Rights
Taxes: (25/26) $222,493.56
Description:
A 36’ wide 13 unit five story elevatored commercial building. The property is leased as a medical center to different medical tenants. The clinics have their own exam rooms and medical office space. The property has a usable basement and mezzanine which is rented.
The property is a great investment opportunity, being fully rented the tenants are paying market rent with increases. They are responsible for their own utilities. The investor can also rent it out to different community facility tenants, like a school, senior center or health club.
The building is a good user opportunity, a company can use it as their headquarters. They would have the option to rent the ground floor as retail and occupy the floors above.
The property is located in an area that’s under a lot of development and has good commercial exposure. The N train and Q102 Bus runs along 31st Street.
ASKING PRICE: $12,800,000+ fee CAP RATE: 4.0%
contact if interested: usapropertysale@gmail.com
ID #10867
NEWLY BUILT FIVE STORY CORNER COMMERCIAL BUILDING FOR SALE
PRIME INVESTMENT/USER OPPORTUNITY
ASTORIA, NEW YORK
Lot Size: 36' x 80'
Building Size:
Basement:------36' x 80' ---=-2,880
First Floor:------36' x 80' irr = 2,805
Mezzanine:-----36' x 80' irr = 2,805
Second Floor:--36' x 80'--- = 2,880
Third Floor:-----36'x 80'-----=-2,880
Fourth Floor:---36' x 80'--- = 2,880
Fifth Floor:------36' x 80' ---= 2,880
Stories: Five Plus Full Basement
Gross Square Feet: 16,920 appx
Zoning: (FAR) C4-3 (3.4) R6 Equivalent (2.43) Community Facility (4.8)
Air Rights: No Air Rights
Taxes: (25/26) $222,493.56
Description:
A 36’ wide 13 unit five story elevatored commercial building. The property is leased as a medical center to different medical tenants. The clinics have their own exam rooms and medical office space. The property has a usable basement and mezzanine which is rented.
The property is a great investment opportunity, being fully rented the tenants are paying market rent with increases. They are responsible for their own utilities. The investor can also rent it out to different community facility tenants, like a school, senior center or health club.
The building is a good user opportunity, a company can use it as their headquarters. They would have the option to rent the ground floor as retail and occupy the floors above.
The property is located in an area that’s under a lot of development and has good commercial exposure. The N train and Q102 Bus runs along 31st Street.
ASKING PRICE: $12,800,000+ fee CAP RATE: 4.0%
contact if interested: usapropertysale@gmail.com
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