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    OFF-MARKET
    Specialty properties

    135-17 Northern Blvd, Queens, NY 11354

    11,392 SF Built 2013
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Specialty properties
    Year built 2013
    Total area 11,392 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Barklays Logistics Inc. Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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