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About the Listing YAO01 - 159613
Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E08 (Suite E12), Flushing. 2,240 rentable SF / 1,680 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. $168,790, a 7.81% 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.
Listing Highlights for 131-07 40th Road E08
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Hot Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,094
- Taxes w/Assessments: N/A
- Tax/Property ID: 05066-1213
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
131-07 40th Road E08 Flushing, NY 11354
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