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Office For Sale
196-25 42nd Ave, Queens

196-25 42nd Ave, Flushing, Queens, NY, USA

$15,000,000 Cap Rate 5.07%

Property Description

It is currently occupied by NNN Tenant - A popular International Pre-school in Bayside, Queens. It locates on the corner of 42nd Avenue & Francis Lewis Blvd, just north of Northern Boulevard. The school is occupied with 3 floors of classrooms, lower level is the gym, music room & play area, and rooftop playground. The school has been operating for the past 7 years. It is located within walking distance to Auburndale-LIRR Station also has easy access to Clearview Expressway and multiple public transportations.


Highlights

  • With 5% Cap Net. NNN Tenant Sales leaseback with a 10 year term. UPK school has multiple locations with over 20+ years of experience.

  • School District 26, Cross street from PS130, 3 Stories Over 16534 SQFT Building Area, approx. 102'x92' Lot Area

  • Great location on the corner of 42nd Ave & Francis Lewis Blvd, just north of Northern Blvd


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Contact Agent

Raymond Truong

(212) 960-8787

Property Details

Property Type

Office

Property Location

196-25 42nd Ave, Flushing, Queens, NY, USA

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