68-90 Austin St

Flushing, NY 11375 View Map $9,888,000 Schedule a Tour
Sq.Ft. Lot5,400
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Barbie Li Team

(646) 889-9988
 
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Status: Active
Property Type:Mixed Use
MLS #:3467446
On Site:333 Days
Lot Size:5,400 Sq. Ft.
County:Queens
Calling All Investors, Developers & End-Users!!! 10,800 Sqft. Development Site For Sale!!! The Property Is Currently Used As A Parking Lot!!! The Property Features Excellent Signage, Great Exposure, Strong R5D / C2-3 Zoning, 68 Parking Spaces, +++!!! The Property Is Located In The Heart Of Forest Hills Just 2 Blocks From Queens Blvd.!!! Neighbors Include Chevrolet, TGI Friday's, The Home Depot, Costco, Stop & Shop, CVS, Walgreens, Dunkin', Bath & Body Works, Planet Fitness, The Vitamin Shoppe, Ann Taylor, Boston Market, McDonald's, Wendy's, T.J. Maxx, Regal Cinemas, Trader Joe's, Shake Shack, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site, Home For Your Business, Or A Nice Addition To Your Investment Portfolio!!! This Property Can Also Be Bought With 69-02 Austin Street For Only $18.5m!!! Income: Parking Lot: $2,009,045.78 Expenses: Snow & Landscape: $1,805 Ann. Taxes: $34,345 Ann. Total Expenses: $36,140 Ann. Net Operating Income (NOI): $1,972,905.78 Ann. (Proforma 19.95 Cap!!!)

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$000 Monthly Payment
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Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/1/2023$10,888,000$10,500-99.9%
7/27/2023$10,500,000$9,888,000-5.8%

Community Information

Address:68-90 Austin St, Flushing, NY 11375
County:Queens
Hamlet :Queens
Zip Code:11375
P.O.:12

Property Features

Lot Size: 0.12 Acres / 5,400 Sq. Ft.
Lot Dimensions:60x90
Zoning:R5D
Directions:69th Road to Austin St

Tax and Financial Info

Tax Annual Amount: $34,345

Schools

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68-90 Austin St Flushing,  NY 11375
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68-90 Austin St Flushing, NY 11375
 
ASAP
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Feb
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Feb
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Feb
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Mar
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 2/23/2024
Listing provided courtesy of All Island Estates Realty Corp (516-783-5600).
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