4216 162nd St 6,088 SF 100% Leased Retail Building Flushing, NY 11358 $4,390,109 CAD ($721.11 CAD/SF) 4.90% Cap Rate
EXECUTIVE SUMMARY
Prime location mixed use building on the busy 162nd street in Flushing. 2 blocks away from buses and LIRR.
The 14 year old building has 3 retail stores/offices and one 3b2b Apt. Accessible by Elevator.
Basement: Acupuncture Office
1st Floor: Golf School
2nd Floor: Doctor Office
3rd Floor: 3B2B Apt
The 14 year old building has 3 retail stores/offices and one 3b2b Apt. Accessible by Elevator.
Basement: Acupuncture Office
1st Floor: Golf School
2nd Floor: Doctor Office
3rd Floor: 3B2B Apt
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,088 SF
Building Class
B
Year Built
2011
Price
$4,390,109 CAD
Price Per SF
$721.11 CAD
Cap Rate
4.90%
NOI
$215,115 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.33
Lot Size
0.06 AC
Zoning
R5B, C2-2 - Commercial Mix Use:
commercial: basement, 1st floor, 2nd floor 1,725 sqft on each floor
residential: 3rd floor 3bed 2 full bath apartment.
Parking
1 Space (0.16 Spaces per 1,000 SF Leased)
Frontage
25’ on 162nd street
AMENITIES
- Bus Line
- Tenant Controlled HVAC
- Air Conditioning
- Balcony
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05392-0124 | Improvements Assessment | $574,604 CAD |
| Land Assessment | $128,652 CAD | Total Assessment | $703,256 CAD |
