150-05 Northern Blvd, a 2005-built, 7, 850 SF mixed-use building situated in the bustling neighborhood of Flushing, NY. 5% CAP rate. This well-maintained property consists of a ground-floor retail space (currently configured as a restaurant) and four residential apartments: two 3-bedroom, 2-bathroom units and two duplex 2-bedroom, 2-bathroom units. The property has a strong tenant base, with good-paying tenants and a history of low vacancy. Portion of RE tax paid by retail tenant. The building is easy to manage and well-maintained, providing a hassle-free investment opportunity for potential buyers. Flushing is a rapidly growing neighborhood, known for its diverse culture and thriving business district. This mixed-use property presents a significant appreciation potential, as the area continues to develop and attract new businesses and residents.
Building Size: 20 ft x 70ft Lot Size: 0.04 Lot Sq Ft: 1600
Sewer: Public Sewer
Taxes: $75,000
Zoning: R6A Block: 5008 Lot: 37
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