131-07 40th RD #E07, Flushing, NY 11354
131-07 40th RD #E07, Flushing, NY 11354
131-07 40th RD #E07, Flushing, NY 11354
131-07 40th RD #E07, Flushing, NY 11354
131-07 40th RD #E07, Flushing, NY 11354
131-07 40th RD #E07, Flushing, NY 11354
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 1,330,000
Est. payment | /mo

5.77 Acres Lot

Save
$ 1,330,000
Est. payment | /mo
Save

5.77 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1060421

Rental Info No

Year Built 2006

Annual Tax Amount $5,086

Lot Size 5.769 Acres

Acres 5.7691

Property Sub-Type Office

Source onekey2

Property Description

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E07 (Suite E11), Flushing. 1,380 rentable SF / 1,035 usable SF, 100% leased on a triple-net basis to an established healthcare-services tenant; tenant pays real estate taxes, insurance and operating expenses. Current annual NNN rent approx. $103,987, a 7.82% cap rate at the asking price. Lease runs through 10/31/2027 with a 6-month tenant option to 4/30/2028, offering in-place income today and flexibility for a future owner-user. Real estate tax abatement with approximately 4 years remaining (per owner). SkyView Center offers a 2,500-space, six-level parking garage, national retail anchors and the SkyView Wellness medical suites, minutes from the Flushing-Main St 7 train and LIRR. Also available as part of a 5-unit SkyView portfolio. Financial package available upon execution of a confidentiality agreement. Tenant occupied; 24-hour notice required for showings.

Location

State NY

County Queens

Interior

Heating Hot Air

Cooling Central Air

Fireplace No

Exterior

Utilities Available Electricity Connected, Water Connected

Building

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Other

Schools

High Schools Queens 25

School District Queens 25

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Yaos Realty LLC • Jianfeng Yao
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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131-07 40th RD #E07

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