Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Logistics Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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