144-11 BARCLAY AVENUE

Flushing, ny 11354


EXECUTIVE SUMMARY

Politan Real Estate and Oxford Property Group is pleased to present 144-11 Barclay Avenue, Flushing, NY 11355. The property is a 5,600 square feet multi-family 4 story walk-up building. In total there are 8-one bedroom units. The building is located on one of few R7-1 strips in the area, which can be held for future development rights. This is an area that is easy to rent out, so the building should be at 100% capacity.

This is the heart of Flushing, the 3rd most foot trafficked location in all of New York City. The last stop of the 7 subway line, Flushing Main Street station, is less than a block away. It is the 13th most subway frequented stop out of the city’s 400+ stops! Additionally, the Q12, Q13, Q15, Q17, Q20, Q27, Q28, Q44, Q48 and many other bus lines are all within a one block radius. 

Downtown Flushing is a business district home to many national retailers and banks including Citibank, Chase, TD Bank, HSBC, Capital One, AT&T, Target, Duane Reade and more. This offering presents a great opportunity to invest in a two property assemblage in one of the hottest neighborhoods in the city.

Listing agent

Michael Wang | Partner

mwang@politangroup.com

PROperty Overview

Address

Location

Block & Lots

Use

Lot Dimensions

Lot Square Footage

Building Dimensions

Building Square Footage

Income

Expense

NOI

Zoning District

Year Built

Transportation

144-11 Barclay Ave., Flushing, NY 11377

Queens (Northwest)

05050/0080

Multi-Family Residential

±25.00’ by ±85.00’

±2,125 Sq. Ft

±25.00’ by ±56.00’

±5,600 Sq. Ft

$139,800

$57,600

$82,200

R7-1

2002

7 Subway Line, LIRR, 10+ Bus Lines

ASKING price

$2,800,000