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92-29 Queens Blvd - Queens Boulevard Towers

750 SF Office/Retail Condo Unit Offered at $629,166 CAD in Rego Park, NY 11374

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Investment Highlights

Great daytime and evening traffic

Property Facts

Price	$629,166 CAD	Building Class	C
Unit Size	750 SF	Floors	16
No. Units	1	Typical Floor Size	10,059 SF
Total Building Size	145,038 SF	Year Built	1986
Property Type	Multifamily (Condo)	Lot Size	0.58 AC
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type	Investment or Owner User	Sale Conditions	1031 Exchange

Price	$629,166 CAD
Unit Size	750 SF
No. Units	1
Total Building Size	145,038 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment or Owner User
Building Class	C
Floors	16
Typical Floor Size	10,059 SF
Year Built	1986
Lot Size	0.58 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Conditions	1031 Exchange

1 Unit Available

Unit CU16

Unit Size	750 SF	Cap Rate	6.41%
Price	$629,166 CAD	NOI	$40,356.29 CAD
Price Per SF	$838.89 CAD	No. Parking Spaces	3
Condo Use	Office/Retail	Sale Conditions	1031 Exchange
Sale Type	Investment or Owner User	APN/Parcel ID	02075-1016

Unit Size	750 SF
Price	$629,166 CAD
Price Per SF	$838.89 CAD
Condo Use	Office/Retail
Sale Type	Investment or Owner User
Cap Rate	6.41%
NOI	$40,356.29 CAD
No. Parking Spaces	3
Sale Conditions	1031 Exchange
APN/Parcel ID	02075-1016

Description

This is a commercial retail condo. Can be used for retail or office. Space is currently divided into two large rooms and one smaller room.

Sale Notes

Also available in the same building, three condo parking spaces. These can be sold as a package or individually. Not included in the price listed above for the retail/office space. This location is only one block to the subway and all express
buses. Five large malls are within several blocks. This property is on the corner
of Queens Blvd. and the LIE service road.