$1,330,000
131-07 40th Road Unit: E07
Flushing, NY 11354
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Beds
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Baths
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Square feet
2006
Built
Listing narrative
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.
Property Details
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Price
$1,330,000
Beds
Beds n/a
Type
House
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
5.77 acres
Year
2006
Status
New
Days on Market
8
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
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Courtesy of Yaos Realty LLC
