MLS # | 3340588 |
Bus (MTA) | 3 minuto tungong bus Q65 |
5 minuto tungong bus Q20A | |
7 minuto tungong bus Q20B | |
8 minuto tungong bus Q25 | |
Tren (LIRR) | 1.8 minuto tungong "Flushing Main Street" |
1.9 minuto tungong "Mets-Willets Point" | |
The subject property is the Flushing Marina. It is approx. 26,000 sqft M1-1 zoned lot, with a 7767sqft building, and 50 boat slips. The 1st floor of the building is warehouse space, and the 2nd floor has a legal residential apartment called a "caretakers" apartment on the C of O, which was updated only 10 years ago in 2011. Currently, the owner occupies the building and leases out the Marina for $5000/ month. That tenant then operates the Marina for a profit. No lease in place for the Marina tenant. Current land and parking rates in Queens for M1-1 zoned property are $12 to $15/ sqft. Even without applying a rental rate to the building, just the 26,000sqft of land and the Marina can generate $372,000/ year in income. The property is great for an industrial investor or an end user for truck parking and/or material storage. First time on the market in over 50 years. Also has riparian rights. © 2023 OneKey™ MLS, LLC