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    135-17 Northern Blvd Queens, NY 11354

    Sponsored
    For Sale
    $2,750,000

    11,392 SF, 2-Story Parking Facility

    Property size:
    11,392 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a two-story, 11,392 square foot parking garage ideally situated in the vibrant heart of Flushing, Queens, New York. Built in 2013, this single-building property boasts a strong financial performance, reflected in its asking price of $2,750,000, or $241.40 per square foot. The property's address is 135-17 Northern Boulevard, Queens, NY 11354, with the APN 04958-7502. Its strategic location within downtown Flushing ensures high demand and consistent occupancy. The structure's two-story design maximizes space efficiency, providing ample parking capacity. This well-maintained property represents a rare chance to acquire a high-performing asset in a rapidly growing area of Queens, offering significant potential for long-term appreciation and strong cash flow. The property is classified as Special Purpose and is categorized as a Garage/Parking facility. This is a turnkey operation ready for immediate income generation. The property's excellent location and solid construction make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the New York City real estate market.

    Property Features for 135-17 Northern Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    11,392 SF

    Building Details

    Year Built
    2013
    Buildings
    1
    Stories
    2

    HighLights

    • $2,750,000 asking price for this special purpose property.
    • 11,392 square foot, two‑story parking garage.
    • $241.40 price per square foot.
    • Built in 2013 with one building.
    • Located at 135‑17 Northern Blvd, Queens, NY 11354 (APN: 04958‑7502).
    Property Profile Location Intelligence

    Current Use by Public Records

    Barklays Logistics Inc. Exporter

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8325574
    Latitude
    40.763218

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    FAQs

    What type of property is this?
    Automotive property - 11,392 SF, 2-Story Parking Facility
    Where is this automotive property located?
    The property is located at 135-17 Northern Blvd Queens, NY.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: $2,750,000 asking price for this special purpose property.; 11,392 square foot, two-story parking garage.; $241.40 price per square foot.
    (718) 886-8110
    Request Owner's contact information
    135-17 Northern Blvd Queens, NY 11354
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    Queens, NY 11354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    135-17 Northern Blvd Queens, NY 11354
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