Fully Occupied Office Building at L.I.E. | 5847 Francis Lewis Blvd
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Fully Occupied Office Building at L.I.E. 5847 Francis Lewis Blvd
21,000 SF Office Building Oakland Gardens, NY 11364 $8,655,840 CAD ($412.18 CAD/SF) 6.21% Cap Rate
INVESTMENT HIGHLIGHTS
- Newly upgraded three-story medical & professional office building
- Conveniently located, nestled in a highly frequented pass-through location providing easy access to other parts of Queens
- Nearby major tenants include Starbucks, Kohl's, and AMC Fresh Meadows
- Tremendous exposure on Francis Lewis Boulevard of Horace Harding Expressway with +150,000 average annual daily traffic (AADT)
- Nearby points of interest include St. Francis Preparatory School, Cunningham Park, and the Fresh Meadows Shopping Center
- Modern and elegant design with an abundance of natural light and air
EXECUTIVE SUMMARY
Newly Updated Three-story medical and office building located off the Long Island Expressway.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
21,000 SF
Building Class
B
Year Built
1974
Price
$8,655,840 CAD
Price Per SF
$412.18 CAD
Cap Rate
6.21%
NOI
$537,696 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,000 SF
Building FAR
1.79
Lot Size
0.27 AC
Zoning
C1-2, R3-2 - C1-2, R3-2
Parking
10 Spaces (0.48 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Line
- Security System
- Signage
- Bicycle Storage
- Central Heating
- Natural Light
- Secure Storage
- Drop Ceiling
- Air Conditioning
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 07451-0029 | Improvements Assessment | $1,341,854 CAD |
| Land Assessment | $717,528 CAD | Total Assessment | $2,059,382 CAD |
PROPERTY TAXES
Parcel Number
07451-0029
Land Assessment
$717,528 CAD
Improvements Assessment
$1,341,854 CAD
Total Assessment
$2,059,382 CAD
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Fully Occupied Office Building at L.I.E. | 5847 Francis Lewis Blvd
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