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Property profile & analytics
OFF-MARKET
Commercial real estate

3534 156Th St Flushing, NY 11354

2,370 SF 0.12 ac lot Built 1925
Property ID
US63-0006120
Property summary
AI-generated overview

This exceptional 0.12-acre lot at 3534 156th St, Flushing, NY, presents a unique investment opportunity. Currently occupied by a residential house, the property comes complete with approved development plans for a daycare center. These plans, including detailed architectural drawings, have already received the necessary approvals from the town, streamlining the development process and minimizing potential delays. The existing building footprint is 2,370 square feet, situated on a 5,050 square foot lot. This provides ample space for a substantial daycare facility. The property's location in Flushing, NY offers excellent accessibility and visibility, making it an ideal location for a thriving daycare business. The asking price of $2,750,000 reflects the significant value of the approved plans and the prime location. This is a turnkey opportunity for an investor looking to capitalize on the high demand for childcare services in the area. All necessary documentation, including the approved architectural drawings and town approvals, are readily available for review. This is a rare chance to acquire a fully permitted development project, eliminating the time and expense associated with obtaining approvals. The property is ready for immediate development, offering a swift path to generating income and a strong return on investment. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1925
Total area 2,370 SF
Lot 0.12 ac (5,227 SF)
UPID US63-0006120
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
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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