Rare opportunity to acquire a portfolio of six commercial storefronts offered as a package in the heart of Downtown Flushing. Strategically positioned along the Main Street retail corridor, the properties benefit from exceptional visibility, strong pedestrian traffic, and convenient access to the Flushing-Main Street 7 subway terminus, LIRR station, and multiple bus lines.The portfolio reportedly generates approximately $2,450,000 in annual net operating income, representing an estimated capitalization rate of approximately 7.5%. Surrounded by national retailers, major shopping destinations, medical and professional offices, restaurants, and a densely populated residential community, this offering is well positioned for continued demand.An exceptional opportunity for investors seeking immediate cash flow, long-term appreciation, and potential value enhancement in one of New York City's most active commercial districts. Any expansion, redevelopment, or change of use is subject to zoning regulations and all applicable governmental approvals.Financial information, income, expenses, capitalization rate, property details, and development potential are provided by the seller and must be independently verified by the purchaser.
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
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36-63 Main Street | MLS# 1031361
This commercial property located at 36-63 Main Street , Flushing, NY 11354 is currently listed for sale with an asking price of $38,000,000. 36-63 Main Street is located within the Contact Agent school district. Search Flushing real estate on www.cbamhomes.com today.