147-12 45th Avenue,  Flushing NY, 11355

(Active)
$1,488,888
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MLS# 3238536
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Last Updated: 8/6/2020 4:45 PM
Description for 147-12 45th Avenue Flushing, NY 11355
Great Investment Opportunity! Mixed use property close to bus and train. 6.3% Cap rate! Restaurant on the first floor (Los Cualtro Reyes) and two one bedroom apartments on the second floor. Apartment sq. ft. is 450.each 2000 sq. ft. plus 1000 sq. ft. basement. Building is newly renovated. The restaurant has a ten year lease with two 5 year options (20 years total). 3% annual rent increase. Strong tenants., chain restaurant.
Price
$1,488,888
Queens
3238536
Active
Description
Great Investment Opportunity! Mixed use property close to bus and train. 6.3% Cap rate! Restaurant on the first floor (Los Cualtro Reyes) and two one bedroom apartments on the second floor. Apartment sq. ft. is 450.each 2000 sq. ft. plus 1000 sq. ft. basement. Building is newly renovated. The restaurant has a ten year lease with two 5 year options (20 years total). 3% annual rent increase. Strong tenants., chain restaurant.
Listing Information
Property Type: Mixed Use, Other
0.02 Acres Other
Queens//
Public Sewer
Mixed
Neighborhood
School Information
District: Queens 25
Room Information
Interior Features
Oil, Forced Air
Exterior / Lot Features
19x50
mixed use
Driving Directions
147 St. at 45 Ave.
Financial Considerations
$5,029
Listing Price History

Flushing Real Estate

Flushing is located in New York. Flushing, New York 11355 has a population of 231,124.

The median household income in Flushing, New York 11355 is $38,412. The median household income for the surrounding county is $53,141 compared to the national median of $50,013. The median age of people living in Flushing 11355 is 40 years.

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Courtesy: LAFFEY REAL ESTATE
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