14920 41st Avenue, Flushing, NY, 11355
1931
Calling All Investors, Developers, & End-Users!!! 4 Unit 5,200+ Sqft. Free Market Mixed-Use Restaurant Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-2 Zoning, High 9’ Ceilings, (2) 1 Br. Apartments, (1) 2 Br. Apartment, Basement, Sprinklers, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Murray Hill Only 3 Blocks Off Northern Blvd. & Only Minutes From I-678 (Whitestone Expy.)!!! Neighbors Include Chase Bank, TD Bank, Citizens Bank, Bank Of America, UPS, Verizon, T-Mobile, CubeSmart Self Storage, AutoZone, Dunkin’, 7-Eleven, YMCA, Enterprise-Rent-A-Car, Mobil, Duane Reade, Baskin-Robbins, Domino’s Pizza, Subway, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Korean BBQ: $72,565.56 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/34. Tenant Pays Half Of The Property Tax. 2nd Floor Front Apt. (1 Br.): $16,800 Ann.; M-M. 2nd Floor Rear Apt. (1 Br.): $20,400 Ann.; M-M. 3rd Floor Apt. (2 Br.): $45,600 Ann.; M-M. 50% Tax Rebate From Store: $12,000 Ann. 70% Water Rebate From Store: $5,400 Ann. Gross Income: $172,765.56 Ann. Expenses: Gas: $0 Ann. Electric: $890 Ann. (Hallway) Maintenance & Repairs: $250 Ann. Water & Sewer: $7,714.29 Ann Insurance: $2,839 Ann. Taxes: $23,642 Ann. Total Expenses: $35,335.29 Ann. Net Operating Income (NOI): $137,430.27 Ann.
Status:
Active
Type:
Commercial
Heating:
Natural Gas
Cooling:
Central Air
Acreage:
0.05
Est. Taxes:
$23,526
Assessment
$594,900
Construction
Brick, Frame
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
School District:
Community District 25
Days on Market:
6
MLS #:
1003058
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of All Island Estates Realty Corp 516-783-5600