8787 Francis Lewis Blvd
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8787 Francis Lewis Blvd
6,800 SF 85% Leased Retail Building Queens Village, NY 11427 $6,573,902 CAD ($967 CAD/SF) 6.24% Cap Rate
Investment Highlights
- High traffic area
- Corner space
- New roof
Executive Summary
High traffic (VPD 28,000+) mixed used retail + office commercial building. 5 storefronts plus 3 offices. New roof redone in 2022.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,800 SF
Building Class
C
Year Built/Renovated
1991/2022
Price
$6,573,902 CAD
Price Per SF
$967 CAD
Cap Rate
6.24%
NOI
$410,407 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.20
Land Acres
0.13 AC
Zoning
R4 - Zoning allows for every type of house
Frontage
Amenities
- Bus Line
- Corner Lot
- Signalized Intersection
Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (73)
PROPERTY TAXES
Parcel Number | 10589-0001 | Improvements Assessment | $621,360 CAD |
Land Assessment | $509,477 CAD | Total Assessment | $1,130,838 CAD |
PROPERTY TAXES
Parcel Number
10589-0001
Land Assessment
$509,477 CAD
Improvements Assessment
$621,360 CAD
Total Assessment
$1,130,838 CAD
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Presented by
AAA Young Shuen Realty Inc.
8787 Francis Lewis Blvd
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