132-03 Sanford Avenue Queens, NY 11355

Other MLS #: 504010 Courtesy Of RE/MAX Real Estate Professiona

Property InformationDescription

Rarely Available Independent-Title Underground Parking Garage in the Heart of Flushing! Two levels totaling approximately 24,443 SF , with two entrances/exits on Sanford Ave and College Point Ave. Licensed for 105 parking spaces. Approximately 90 spaces are currently leased monthly at $300-$320/space, plus hourly parking income. Prime location surrounded by dense residential and vibrant commercial activity, with increasing parking demand from nearby high-rise condominiums, tennis courts, Citi Field and aquatic facilities. Major future upside from anticipated casino development and the potential to adjust parking rates from long-standing pricing. Simple operation with strong income potential. A rare investment opportunity. Seller is ready to consider serious offers.

Features

  • Amenities: Basement
  • Building Units: 1
  • MLSID: 504010
  • Roof Type: Flat

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132-03 Sanford Avenue, Queens, NY 11355
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