68-90 Austin Street, Flushing, NY


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About 68-90 Austin Street

Calling All Investors, Developers & End-Users!!! 10,800 Sqft. Development Site For Sale!!! The Property Is Currently Used As A Parking Lot!!! The Property Features Excellent Signage, Great Exposure, Strong R5D / C2-3 Zoning, 68 Parking Spaces, +++!!! The Property Is Located In The Heart Of Forest Hills Just 2 Blocks From Queens Blvd.!!! Neighbors Include Chevrolet, TGI Friday's, The Home Depot, Costco, Stop & Shop, CVS, Walgreens, Dunkin', Bath & Body Works, Planet Fitness, The Vitamin Shoppe, Ann Taylor, Boston Market, McDonald's, Wendy's, T.J. Maxx, Regal Cinemas, Trader Joe's, Shake Shack, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site, Home For Your Business, Or A Nice Addition To Your Investment Portfolio!!! This Property Can Also Be Bought With 69-02 Austin Street For Only $18.5m!!! Income: Parking Lot: $2,009,045.78 Expenses: Snow & Landscape: $1,805 Ann. Taxes: $34,345 Ann. Total Expenses: $36,140 Ann. Net Operating Income (NOI): $1,972,905.78 Ann. (Proforma 19.95 Cap!!!)

Features of 68-90 Austin Street

MLS® # 3467446
Price $9,888,000
Bathrooms 0.00
Acres 0.12
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 68-90 Austin Street
City Flushing
County Queens
State NY
Zip Code 11375

Additional Information

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Is Waterfront No
Has Pool No


Fireplace No

Additional Information

Zoning R5D
Short Sale No
RE / Bank Owned No
Taxes (total) $34,345

Listing Details

OfficeAll Island Estates Realty Corp
Office Contact516-783-5600

Listing Map

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