AUSTIN STREET ASSEMBLAGE

Transcription

1 & /45 AVAILABLE AS A PACKAGE OR SEPARATELY

2 71-41 AUSTIN STREET MIXED-USE BUILDING DELIVERED VACANT - IDEAL OPPORTUNITY FOR OWNER/USER ASKING PRICE $5,250,000 BUILDING INFORMATION BLOCK / LOT 3257 / 34 BUILDING DIMENSIONS 16 X 77 approx. BUILDING SQ. FT. 4,064 approx. FIRST FLOOR SQ. FT. 1,600 approx. SECOND FLOOR SQ. FT. 1,232 approx. THIRD FLOOR SQ. FT. 1,232 approx. STORIES 3 REAL ESTATE TAXES (18/19) $15,338 ZONING & LOT INFORMATION GROSS LOT SIZE X irr, approx. LOT SQUARE FOOTAGE 1,610 sq. ft., approx. ZONING C4-4A (R7A) FAR 4.0 BUILDABLE SQ. FT. 6,440 sq. ft., approx. AIR RIGHTS 2,376 sq. ft., approx. Cushman & Wakefield has been retained on an exclusive basis for the sale of Austin Street in Forest Hills Austin Street is a mixed-use building with a ground floor retail unit and two fullfloor two-bedroom apartments on the second/third floors. The ground floor retail is currently occupied by a convenience and gift store, and will be delivered vacant. The retail unit is approximately 1,600 square feet and has a full basement for storage. The second and third floor apartments are both two-bedrooms and are currently vacant, approximately 1,232 square feet each. This is an ideal opportunity for an owner/user to occupy the ground floor space and lease the apartments to generate cash-flow. The property is located in a highly sought after location for retail as Austin Street is known to have high foot traffic and an abundance of national retailers. Surrounding retailers include Sephora, Bareburger, Starbucks, Shake Shack, Victoria s Secret, Buffalo Wild Wings, Banana Republic, and Chipotle. Public transportation is easily accessible via the E F M & R subway trains at Queens Boulevard and 71 st Avenue, as well as via the LIRR located around the corner on Continental Avenue Austin Street is available as a package with the adjacent building at 71-43/45 Austin Street posing an ideal re-positioning opportunity. Property inspections are by appointment only, please inqurie within AUSTIN ST

3 71-43 & AUSTIN STREET NEW YORK, NY PACKAGE OF TWO ADJACENT RETAIL & MIXED-USE BUILDINGS ON AUSTIN STREET WITH POTENTIAL FOR OWNER/ USER ASKING PRICE $9,000,000 BUILDING INFORMATION BLOCK 3257 LOTS BUILDING DIMENSIONS 16 X X 77 approx. BUILDING SQ. FT. 4,076 3,696 approx. GROSS BUILDING SQ. FT. 7,772 approx. RETAIL / COMMERCIAL SQ. FT. 5,297 approx. RESIDENTIAL SQ. FT. 2,479 [two units] approx. STORIES 3 REAL ESTATE TAXES (18/19) $70,861 ZONING & LOT INFORMATION GROSS LOT SIZE X 101 irr, approx. LOT SQUARE FOOTAGE 1,690 1,610 sq. ft., approx. GROSS LOT SQUARE FOOTAGE 3,300 sq. ft., approx. ZONING C4-4A (R7A) FAR 4.0 BUILDABLE SQ. FT. 13,200 sq. ft., approx. AIR RIGHTS 5,428 sq. ft., approx. Cushman & Wakefield has been retained on an exclusive basis for the sale of & Austin Street in Forest Hills & Austin Street is a package of two adjacent buildings currently used as mixed-use and retail Austin Street is currently occupied as ground floor retail with commercial/office space above on three stories. The retail space is currently owner-occupied and will be delivered vacant. It also has a full basement for storage space Austin Street is a mixed-use building with retail on the ground floor, delivered vacant, and two occupied residential units on the second and third floors. The residential units are each two-bedrooms and currently leased on a month-month basis at $2,500 per month. Both buildings offer a gross square footage of approximately 7,775 square feet. The retail square footages equates to a total square footage of approximately 5,297 square feet and residential square footage of approximately 2,479 square feet. The property is located in a highly sought after location for retail as Austin Street is known to have high foot traffic and an abundance of national retailers. Surrounding retailers include Sephora, Bareburger, Starbucks, Shake Shack, Victoria s Secret, Buffalo Wild Wings, Banana Republic, and Chipotle. Public transportation is easily accessible via the E F M & R subway trains at Queens Boulevard and 71 st Avenue, as well as via the LIRR located around the corner on Continental Avenue /45 Austin Street is available as a package with the adjacent building at Austin Street posing an ideal re-positioning opportunity. Property inspections are by appointment only, please inquire within & AUSTIN ST

4 Continental Ave 69th Rd 70th Ave 70th Rd 71st Rd 72nd Rd Ascan Ave FOREST HILLS, NEW YORK PACKAGE ASKING PRICE $14,250, AUSTIN STREET $5,250, /45 AUSTIN STREET $9,000,000 RETAIL / TRANSPORTATION MAP E F M R M BUFFALO WILD WINGS 72nd Ave COHEN S FASHION OPTICAL Austin St Austin St MEN S WEARHOUSE KUNG FU TEA BOSTON MARKET TAX MAP QUEENS BLVD AERIAL MAP QUEENS BLVD 71ST RD BLOCK 3257 AUSTIN ST ND AV AUSTIN ST

5 FOR FURTHER INFORMATION, PLEASE CONTACT EXCLUSIVE AGENTS: STEPHEN R. PREUSS Senior Managing Director (718) RANI BENDARY Associate (718) ANDREAS EFTHYMIOU (718) KEVIN LOUIE (718) KEVIN SCHMITZ (718) FOREST HILLS AUSTIN STREET ASKING PRICE $5,250, /45 AUSTIN STREET ASKING PRICE $9,000,000 PACKAGE ASKING PRICE $14,250, QUEENS BOULEVARD, 14TH FLOOR, FOREST HILLS, NY Cushman & Wakefield Copyright No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.