35-35 Farrington St Queens, NY 11354
This exceptional investment opportunity presents a three-unit retail building situated at 35-30 Farrington Street in the vibrant heart of downtown Flushing, Queens, New York. The property, built in 1988, boasts a total of 912 square feet across two stories, situated on a 0.02-acre lot. Currently configured as a restaurant and two additional retail spaces, this property offers immediate income potential and significant upside. Its prime location on a busy street ensures high visibility and foot traffic, attracting a diverse clientele. The property benefits from its proximity to a multitude of shops and restaurants, further enhancing its appeal and potential for growth. Convenient public transportation is readily available, with the Q19 and Q66 bus lines and the 7 train all within easy reach, ensuring accessibility for both customers and employees. The asking price of $1,330,000 reflects a compelling investment opportunity in a thriving commercial district. This property is priced to sell and is an excellent addition to any portfolio seeking strong returns in a high-demand area. Don't miss this chance to acquire a well-positioned retail property in one of Queens' most dynamic neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.