About
this home
this home
Public Sewer
Public Water Source
Electricity Connected
Natural Gas Connected
Sewer Connected
Calling All Investors, Developers, & End-Users!!! 4 Unit 5,200+ Sqft. Free Market Mixed-Use Restaurant Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-2 Zoning, High 9’ Ceilings, (2) 1 Br. Apartments, (1) 2 Br. Apartment, Basement, Sprinklers, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Murray Hill Only 3 Blocks Off Northern Blvd. & Only Minutes From I-678 (Whitestone Expy.)!!! Neighbors Include Chase Bank, TD Bank, Citizens Bank, Bank Of America, UPS, Verizon, T-Mobile, CubeSmart Self Storage, AutoZone, Dunkin’, 7-Eleven, YMCA, Enterprise-Rent-A-Car, Mobil, Duane Reade, Baskin-Robbins, Domino’s Pizza, Subway, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Korean BBQ: $72,565.56 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/34. Tenant Pays Half Of The Property Tax.
2nd Floor Front Apt. (1 Br.): $16,800 Ann.; M-M.
2nd Floor Rear Apt. (1 Br.): $20,400 Ann.; M-M.
3rd Floor Apt. (2 Br.): $45,600 Ann.; M-M.
50% Tax Rebate From Store: $12,000 Ann.
70% Water Rebate From Store: $5,400 Ann.
Gross Income: $172,765.56 Ann.
Expenses:
Gas: $0 Ann.
Electric: $890 Ann. (Hallway)
Maintenance & Repairs: $250 Ann.
Water & Sewer: $7,714.29 Ann
Insurance: $2,839 Ann.
Taxes: $23,642 Ann.
Total Expenses: $35,335.29 Ann.
Net Operating Income (NOI): $137,430.27 Ann.
Income:
Korean BBQ: $72,565.56 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/34. Tenant Pays Half Of The Property Tax.
2nd Floor Front Apt. (1 Br.): $16,800 Ann.; M-M.
2nd Floor Rear Apt. (1 Br.): $20,400 Ann.; M-M.
3rd Floor Apt. (2 Br.): $45,600 Ann.; M-M.
50% Tax Rebate From Store: $12,000 Ann.
70% Water Rebate From Store: $5,400 Ann.
Gross Income: $172,765.56 Ann.
Expenses:
Gas: $0 Ann.
Electric: $890 Ann. (Hallway)
Maintenance & Repairs: $250 Ann.
Water & Sewer: $7,714.29 Ann
Insurance: $2,839 Ann.
Taxes: $23,642 Ann.
Total Expenses: $35,335.29 Ann.
Net Operating Income (NOI): $137,430.27 Ann.
Other
Details
Details
Property Type
Commercial
Square Footage
0
Year Built
1931
Floor Number
--
Parking
No
Terrace
No
Listing Courtesy of
All Island Estates Realty Corp
MLS ID
KEY425046999
Source
The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate by this brokerage or OneKey MLS.