Prime Retail Space at 37 19 Main Street Flushing
$12,000,000
37 19 Main Street, Flushing, NY 11354
10,000 SF
Square Feet
$1,200
PPSF
4.73%
CAP
Property Description
NOI
$568,000
Cap Rate
4.73%
SUBMIT ALL BEST OFFERS!!
PRIME DOWNTOWN FLUSHING LOCATION
1 OFFICE & 1 RETAIL TENANT - BOTH ON NN LEASES
NO MGMT, LL ONLY PAYS TAX/INS, TENANTS PAY INC'S
LONG LEASES W/ INCREASES & PERSONAL GUARANTEES
CONTACT: Josh 646-546-5880 or [email protected]
Property Details
Asset Type
Retail
Lot Size
2,500 SF
Neighborhood
Flushing
Submarket
Flushing
ZIP
11354
Listing Type
sale
Net Operating Income (NOI)
$901,132
Debt Service Coverage Ratio (DSCR)
1.32x
Cap Rate
7.51%
Cash Flow (Annual)
$218,499
Cash-on-Cash Return
7.28%
Monthly Debt Service
$56,886
Annual Debt Service
$682,633
View on Map
Address
37 19 Main Street
Log in to see street view
Get exclusive comps and insights by logging in - it's free!
Flushing Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.
