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13412-13436 Northern Blvd
Flushing, NY 11354

Corner Retail Strip / Development Site · Retail Property For Sale

Investment Highlights

  • Ideal rezoning opportunity, located within Flushing Waterfront Rezoning Special Waterfront District (AADT)
  • Income producing investment with demolition clauses in place within all leases
  • Superior retail location ideally situate steps from the highest paying retail corridor in Queens, on Main St
  • Great exposure with 276 FT of frontage on Northern Blvd and Prince St and 50,000+ avg annual daily traffic (AADT)
  • $1,200+ PSF sell-out pricing in surrounding Flushing luxury condominium market
  • Convenient transportation just minutes from the 7-subway train and Long Island Railroad at Main St and Roosevelt Ave

Executive Summary

Corner commercial building with rezoning potential to develop up to 45,220 SF

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
15,900 SF
Building Class
C
Year Built
1938
Price
£11,135,857
Price Per SF
£700
Percent Leased
29%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.18
Lot Size
0.31 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.
Zoning
M1-1 - Rezoning potential C4-2/R6
Parking
2 Spaces (0.12 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Commuter Rail
  • Freeway Visibility
  • Public Transport
  • Mezzanine
  • Signage
  • Signalised Intersection

PROPERTY TAXES

Parcel Number 04967-0033 Improvements Assessment £447,439
Land Assessment £414,206 Total Assessment £861,645

PROPERTY TAXES

Parcel Number
04967-0033
Land Assessment
£414,206
Improvements Assessment
£447,439
Total Assessment
£861,645
 

  • Listing ID: 31470745

  • Date on Market: 09/05/2023

  • Last Updated:

  • Address: 13412-13436 Northern Blvd, Flushing, NY 11354

The Retail Property at 13412-13436 Northern Blvd, Flushing, NY 11354 is currently available for sale. Contact REDI Management for more information.

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