Overview
Excellent investment opportunity for a Flushing retail condominium. Currently leased to a solid 10-year tenant who operates an English Language School. Guaranteed lease paying $7,210.00 per month. Tenant responsible for all maintenance and repairs to the condo as well as common charges, water, sewer, electric, insurance, heat & hot water. Landlord responsible for annual taxes of approximately $12,000. NOI of $74,520. Ground floor of 1,878 sq. ft plus a Lower-Level Community Space of 1908 sq. ft., for a combined total of 3,786 sq. ft. ADA compliant and has an elevator.
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