8787 Francis Lewis Blvd 6,800 SF 85% Leased Retail Building Queens Village, NY 11427 $6,493,313 CAD ($954.90 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
$6,493,313 CAD
Price Per SF
$954.90 CAD
Cap Rate
6.24%
NOI
$405,376 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.20
Lot Size
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)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10589-0001 | Improvements Assessment | $613,451 CAD |
| Land Assessment | $502,992 CAD | Total Assessment | $1,116,443 CAD |
CONTACT
-
Patty Chen - AAA Young Shuen Realty Inc.
