6525 Roosevelt Ave Ste C1 Flushing, NY 11377-2974
- Retail space
- 3,099 SF
- 0.06 lot acres
Current Use by Public Records
- Retail space
Property Details for 6525 Roosevelt Ave Ste C1
- Year built
- 2017
- Lot size
- 0.06 lot acres
- Property size
- 3,099 SF
- Zone code
- R6
- Property type
- Retail space
- APN
- 01223-1401
- APU
- 12231401
Description
This exceptional investment opportunity presents a thriving Thai restaurant located in the bustling heart of Woodside, New York. Boasting 1,600 square feet of newly renovated space, this establishment benefits from a highly advantageous location within a high-traffic area, ensuring consistent customer flow. The property enjoys excellent visibility and proximity to public transportation, specifically the Roosevelt Avenue subway station, making it easily accessible to a wide customer base. Its central location places it amidst a vibrant array of shops and restaurants, further enhancing its appeal and potential for increased business. The current monthly rent is $6,000. A significant advantage is the inclusion of a 14-year tax abatement, providing substantial financial benefits to the new owner. This turnkey operation is ready for immediate success, offering a compelling blend of established clientele, prime location, and long-term financial stability. The property sits on a 1600 square foot lot. This is a rare opportunity to acquire a well-established and profitable business in a highly desirable location. Don't miss out on this exceptional investment prospect. Serious inquiries only.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $920,000
- 6.5%
- $850,000
- 7%
- $790,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.8981
- Latitude
- 40.7464
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
