135-17 Northern Blvd, Queens, NY 11354
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.
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Barklays Logistics Inc. Logistics Company
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.