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71-24-71-46 Main St

12,850 SF 76% Leased Retail Building Flushing, NY 11367 £10,665,135 (£830/SF) 5.57% Net Initial Yield

Investment Highlights

  • Tenants in this shopping center include a pharmacy, dry cleaner, wig shop, computer repair shop, and pizzeria.

Executive Summary

1 Story Brick Building - 15 Stores.
Inspection of property by appointment only.
Do not disturb tenants.
Building is sprinklered which holds down insurance costs.
Tenants do all repairs and cleaning of sidewalks.

Financial Summary (Actual - 2024) 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 - 2024) 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
Building Size
12,850 SF
Building Class
C
Year Built
1968
Price
£10,665,135
Price Per SF
£830
Net Initial Yield
5.57%
NOI
£594,066
Percent Leased
76%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.89
Land Acres
0.33 AC
Zoning
R4 - Retail
Parking
27 Spaces (2.1 Spaces per 1,000 SF Leased)
Frontage
204 ft on Main

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 30A
  • 720 SF
  • Retail
  • In-Line
  • Now

Inline, retail, former Asian/Sushi place. Call owner for rental rate.

  • 71-24
  • 1,500 SF
  • Retail
  • End Cap
  • Now

End cap, retail, former Russian Restaurant. Call owner for rental rate.

  • 71-40
  • 850 SF
  • Retail
  • In-Line
  • Now

Inline, retail, former hair removal shop. Call owner for rental rate.

Space Size Space Use Position Available
30A 720 SF Retail In-Line Now
71-24 1,500 SF Retail End Cap Now
71-40 850 SF Retail In-Line Now

30A

Size
720 SF
Space Use
Retail
Position
In-Line
Available
Now

71-24

Size
1,500 SF
Space Use
Retail
Position
End Cap
Available
Now

71-40

Size
850 SF
Space Use
Retail
Position
In-Line
Available
Now

30A

Size 720 SF
Space Use Retail
Position In-Line
Available Now

Inline, retail, former Asian/Sushi place. Call owner for rental rate.

71-24

Size 1,500 SF
Space Use Retail
Position End Cap
Available Now

End cap, retail, former Russian Restaurant. Call owner for rental rate.

71-40

Size 850 SF
Space Use Retail
Position In-Line
Available Now

Inline, retail, former hair removal shop. Call owner for rental rate.

Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (71)
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.®

Nearby Major Retailers

Capital One
Chase Bank
HSBC
Citizens Bank
Flagstar
Valley National Bank
Td Bank
Webster Bank
Body & Brain
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06620-0032
Land Assessment
£370,672
Improvements Assessment
£1,228,899
Total Assessment
£1,599,571
  • Listing ID: 24684909

  • Date on Market: 17/12/2021

  • Last Updated:

  • Address: 71-24-71-46 Main St, Flushing, NY 11367

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