Prime Roosevelt Avenue Retail Opportunity – High-Traffic Location!
Exceptional opportunity to acquire a well-established 5,000 SF Health & Beauty Aids / Discount Retail Business in the heart of Downtown Flushing. Ideally located on busy Roosevelt Avenue, just half a block from Main Street and directly across from Macy's, offering outstanding visibility and continuous pedestrian traffic.
This successful business has been operating for over 35 years, generating more than $1 million in consistent annual gross sales. Surrounded by major shopping centers, national retailers, restaurants, and residential developments, with convenient access to major highways, the 7 Train, LIRR, and multiple bus lines.
The business will be delivered vacant and in "AS IS" condition. The lease includes a 10-year initial term, three (3) months' security deposit, and 3% annual rent escalations, providing long-term operational stability.
An outstanding opportunity for an owner-operator or investor seeking a premier retail location in one of New York City's busiest commercial districts.
13687 Roosevelt Avenue, Flushing, NY, 11354
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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