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About the Listing ERLT01 - 227316,204573
Rare opportunity to acquire a portfolio of six commercial storefronts offered as a package in the heart of Downtown Flushing. Strategically positioned along the Main Street retail corridor, the properties benefit from exceptional visibility, strong pedestrian traffic, and convenient access to the Flushing–Main Street 7 subway terminus, LIRR station, and multiple bus lines. The portfolio reportedly generates approximately $2,450,000 in annual net operating income, representing an estimated capitalization rate of approximately 7.5%. Surrounded by national retailers, major shopping destinations, medical and professional offices, restaurants, and a densely populated residential community, this offering is well positioned for continued demand. An exceptional opportunity for investors seeking immediate cash flow, long-term appreciation, and potential value enhancement in one of New York City’s most active commercial districts. Any expansion, redevelopment, or change of use is subject to zoning regulations and all applicable governmental approvals. Financial information, income, expenses, capitalization rate, property details, and development potential are provided by the seller and must be independently verified by the purchaser.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $591,183
- Taxes w/Assessments: N/A
- Tax/Property ID: 4-04977-0001
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
36-63 Main St Flushing, NY 11354
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