95-36 Queens Blvd

95-36 Queens Blvd , Flushing, New York, 11374 | 1,400 sq.f | $ 1,850,000

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About This Restaurant

Investment Highlights

Heavy foot traffic Great location

Executive Summary

Welcome to an exceptional investment opportunity nestled in the vibrant heart of Rego Park! This meticulously maintained commercial property boasts an enviable location, sitting adjacent to the bustling subway station and surrounded by a plethora of stores, ensuring high foot traffic and visibility for any business venture.Key Features:- Established Restaurant Tenant: Enjoy peace of mind with a reliable and successful restaurant tenant, ensuring steady rental income for years to come. With a thriving business and loyal customer base, this tenant adds significant value to the property. Unbeatable Location: - Situated in the heart of Rego Park, this property benefits from unparalleled visibility and accessibility. Its proximity to the subway station and surrounding stores makes it a prime destination for locals and commuters alike.- Lucrative Investment: With a strong rental income stream from a flourishing restaurant business and the potential for future appreciation, this property presents an attractive investment opportunity for savvy investors seeking reliable returns.

Property Details

  • Sale Type    Investment
  • Sale Condition    1031 Exchange
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    1,400
  • Building Class    C
  • Year Built/Renovated    1933/2014
  • Price    1,850,000
  • Price Per SF    1,321
  • Cap Rate    5
  • NOI    92,500
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.70
  • Land Acres    0.05 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Nearby Amenities & Transportation

Retail Longhorn Steakhouse
Retail Fogo de Ch?o
Retail CTown
Retail Valley National Bank
Retail Starbucks
Retail Retro Fitness
Retail Capital One
Retail TD Bank
Retail ALDI
Retail Apple Bank

Property Taxes

Parcel Number 03080-0023 Improvements Assessment $112,500
Land Assessment $263,700 Total Assessment $(1) (0.00/SF)
Date Created: 2024-07-16 04:18:00 Last Updated: 2024-07-16 04:18:00
Address: 95-36 Queens Blvd , Flushing, New York, 11374