37-41 103rd St 7,006 SF 100% Leased Retail Building Flushing, NY 11368 $7,717,680 CAD ($1,101.58 CAD/SF) 5.02% Cap Rate
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$456,874
|
$65.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$456,874
|
$65.21
|
| Taxes |
$44,798
|
$6.39
|
| Operating Expenses |
$23,439
|
$3.35
|
| Total Expenses |
$68,237
|
$9.74
|
| Net Operating Income |
$388,637
|
$55.47
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,006 SF
Building Class
C
Year Built
1931
Price
$7,717,680 CAD
Price Per SF
$1,101.58 CAD
Cap Rate
5.02%
NOI
$387,313 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.46
Lot Size
0.11 AC
Zoning
R6B/C1-4 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.
Frontage
50’ on 103rd St
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01769-0083 | Total Assessment | $704,258 CAD (2024) |
| Land Assessment | $132,619 CAD (2024) | Annual Taxes | $44,798 CAD ($6.39 CAD/SF) |
| Improvements Assessment | $571,639 CAD (2024) | Tax Year | 2023 |
