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149-12 41st Ave

3,240 SF 100% Leased Retail Building Flushing, NY 11355 £1,975,025 (£610/SF) 4.26% Net Initial Yield

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Investment Highlights

One block from LIRR Murray Hill train station.

Easy Access to Public Transportation

Executive Summary

Fully occupied mixed-use building in a well-known restaurant district near LIRR Murray Hill train station.
One retail unit plus 4 (1 bedroom 1 full bathroom) residential units

149-12 41st Ave Marketing Sheet

Financial Summary (Actual - 2022) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

3,240 SF

Building Class

Year Built

1931

Price

£1,975,025

Price Per SF

£610

Net Initial Yield

4.26%

NOI

£84,055

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

1.36

Land Acres

0.05 AC

Zoning

R5, C1-2 - a low-density residential zoning district in New York City that allows for a variety of housing types, a commercial overlay district

Frontage

19 ft on 41st Ave

Amenities

Air Conditioning

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Walk Score ®

Walker's Paradise (96)

Transit Score ®

Excellent Transit (79)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

Listing ID: 27646404
Date on Market: 31/01/2023
Last Updated:
Address: 149-12 41st Ave, Flushing, NY 11355

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