215-15 Northern BlvdFlushing, NY 11361
215-15 Northern Boulevard
NYC New Construction Mixed-Use Building
Overview
Rare opportunity to acquire a newly built, mixed-use, fully leased building with parking on Northern Boulevard in Bayside, NY. The subject property boasts offers a turnkey opportunity for investors or 1031 exchange buyers seeking stable, immediate cash flow.
Investment Highlights
- Secure, Long-Term Income: 100% leased to six tenants with staggered expirations from 2029 to 2036, featuring built-in annual escalations (most at 3%) and extension options to further de-risk cash flow
- Prime Bayside Retail Corridor: Situated on Northern Boulevard with 50,000+ vehicles per day, the property benefits from high visibility and walk-by traffic
- Best-in-Class Accessibility: Blocks from LIRR Bayside Station (30 minutes to Midtown Manhattan) and served by Q12/Q13/Q31 bus lines; minutes to Cross Island Parkway, Clearview Expressway, LIE, and Grand Central Parkway
- Proximity to Airports: 10 miles to LaGuardia and 12 miles to JFK, enhancing appeal to both local and corporate occupiers
- Surrounding Co-Tenancy: Nearby national and credit brands including Starbucks, McDonald's, Subway, Dunkin', Verizon, plus popular neighborhood retailers on Bell Boulevard such as Martha's Country Bakery and Taverna Kyclades
Photo Gallery
215-15 Northern BlvdFlushing, NY 11361
Sales Team
Listing provided by Revere CRE