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Flushing NY, 11354 $2,450,000

Mixed Use Commercial  

Property Picture
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Details ML#: 3528306  

  • Business Type: Commercial, Office, Other
  • Sale or Rent:Sale
  • Year Built: 1988
  • Taxes: $28,840
  • Status:Active

Description

Welcome to the heart of Downtown Flushing, where urban convenience meets prime real estate at the bustling intersection of Northern Blvd & Farrington St. This 2460 sqft commercial building, extensively renovated in 2014, stands prominently on the corner, currently serving as a dynamic dentist office. Boasting a modernized elevator servicing all floors, the property features three full bathrooms, one on each level, ensuring maximum functionality and accessibility. Designed for comfort and efficiency, the building incorporates three new split systems on each floor, providing state-of-the-art heating and air conditioning. The potential rental income of $11, 500 enhances the attractiveness of this investment opportunity. What sets this property apart is its substantial Floor Area Ratio (FAR) of 2.0, allowing for an additional 4, 920 sqft of buildable space. This strategic advantage opens the door for future expansion or redevelopment, maximizing the property’s potential. Zoned for both R6 and C2-2, this versatile building offers a range of possibilities for various businesses. The vibrant location ensures high visibility and foot traffic, making it an ideal spot for commercial ventures. Whether you envision continuing its current use or exploring new possibilities, this property in the heart of Flushing presents a unique opportunity for investors and entrepreneurs alike. Don’t miss the chance to make your mark in this thriving urban center.

More Property Details

Appliances & Utilities

Heat: Natural Gas, Forced Air   Sewer: Public Sewer  

Financial

Taxes: $28,840  

Local Area Information

Zoning: R6+C2-2   Block: 4959   Lot: 44  

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