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
Listing Details
| Office | All Island Estates Realty Corp |
|---|---|
| Office Contact | 516-783-5600 |