15023 Barclay AveQueens, NY 11355

Property Details for 15023 Barclay Ave

Year built

2021

Lot size

0.15 AC

Property size (Sq ft)

30,060 SF

Zone code

R5

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

05058-0001

APU

50580001

Description

Discover exceptional retail leasing opportunities at 15023 Barclay Ave, Flushing, NY, a vibrant and culturally diverse Queens neighborhood. This five-story, 30,060 square foot building, renovated in 2021, offers three available retail spaces ranging from 1,980 to 3,166 square feet. The property boasts a C1-2 zoning designation and is ideally situated on a bustling street with high foot traffic and excellent visibility. Each customizable space features modern amenities including HVAC systems, ample electrical capacity, and large display windows, perfect for showcasing your business. The building's location provides convenient access to major public transportation, ensuring easy access for customers and employees. Benefit from the thriving multicultural community, proximity to major landmarks, shopping centers, and dining establishments, and the significant growth and development potential of Flushing. This is an exceptional opportunity to establish a strong presence in one of Queens' most dynamic areas. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $6,162,572

  6.5%

  $5,688,528

  7%

  $5,282,204

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,087,842

  Geo Method

  $6,087,842

• Alternative Use

  Use

  Valuation

  Residential

  $5,688,528

  Hospitality

  $5,210,661

  Educational

  $4,335,208

  Medical

  $4,484,303

  Retail

  $6,743,658

Location Insight

City

Flushing

County

Queens

State

New York

Latitude

40.7622

Longitude

-73.8128

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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