community facility space in newly constructed elevator ... · community facility space in newly...
TRANSCRIPT
118-35 Queens Boulevard, 14th Floor
Forest Hills, NY 11375
T: 718-275-3400 / F: 718-275-5478
275 Madison Avenue, 3rd Floor
New York, NY 10016
T: 212-696-2500 / F: 212-696-0333
205 Montague Street, 3rd Floor
Brooklyn, NY 11201
T: 718-238-8999 / F: 718-238-6091
118-35 Queens Blvd. • 14th Floor • Forest Hills, NY 11375 • 718.275.3400 • Fax 718.275.5478
www.masseyknakal.comTHE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.
All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any.
The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel
should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
Community Facility Space inNewly Constructed Elevator Building 42-05 Parsons Boulevard
Flushing, NY 11355 For Sale
Property Description:The subject community facility is approximately 6,755 SF and will be
delivered vacant. The space is located on the lower-level of the
building and is composed of five separate units, complete with 13-
foot ceilings, a separate elevator and staircase for use, as well as a
private glassed entryway. It qualifies for a 15-year ICIP Tax
Abatement lasting through 2022. The community facility is within a
nine-story elevator building with brand-new construction consisting
of fourteen residential apartments, a full floor of community space,
and on-site parking. The building was built by award winning
renowned architect Raymond Chan with great attention to Feng Shui.
Great panoramic views of the Manhattan and Long Island skylines.
This property is in a great location within walking distance to the
downtown Flushing area. Close proximity to LaGuardia Airport, all
transportation, and Midtown Manhattan via the LIRR. Great
opportunity for a user or investor in a prime location. Each of the five
units can be sold separately. Property is offered by prospectus only.
*Full Offering Memorandum Available Upon Request*
Property Information
Address: 42-05 Parsons Boulevard
Block / Lot: 5374 / 003
Parking: Available on-site
Lot Information:
Lot Size: 49.33’ x 215.58’ Approx.
Lot SF: 8,785 Approx.
Building Information:
Building SF: 20,292 Approx.
Subject SF: 6,755 Approx.
Zoning: R6A
Assessed Value: ICIP Tax Abatement
R.E. Taxes: ICIP Tax Abatement
Please Contact Exclusive Agent:Stephen R. Preuss
First Vice President of SalesDirect: 718-512-2118
118-35 Queens Boulevard, 14th Floor
Forest Hills, NY 11375
T: 718-275-3400 / F: 718-275-5478
275 Madison Avenue, 3rd Floor
New York, NY 10016
T: 212-696-2500 / F: 212-696-0333
205 Montague Street, 3rd Floor
Brooklyn, NY 11201
T: 718-238-8999 / F: 718-238-6091
118-35 Queens Blvd. • 14th Floor • Forest Hills, NY 11375 • 718.275.3400 • Fax 718.275.5478
www.masseyknakal.comTHE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.
All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any.
The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel
should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
Please Contact Exclusive Agent:Stephen R. Preuss
First Vice President of SalesDirect: 718-512-2118
Community Facility Space inNewly Constructed Elevator Building 42-05 Parsons Boulevard
Flushing, NY 11355 For Sale
118-35 Queens Boulevard, 14th Floor
Forest Hills, NY 11375
T: 718-275-3400 / F: 718-275-5478
275 Madison Avenue, 3rd Floor
New York, NY 10016
T: 212-696-2500 / F: 212-696-0333
205 Montague Street, 3rd Floor
Brooklyn, NY 11201
T: 718-238-8999 / F: 718-238-6091
118-35 Queens Blvd. • 14th Floor • Forest Hills, NY 11375 • 718.275.3400 • Fax 718.275.5478
www.masseyknakal.comTHE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.
All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any.
The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel
should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
Please Contact Exclusive Agent:Stephen R. Preuss
First Vice President of SalesDirect: 718-512-2118
Community Facility Space inNewly Constructed Elevator Building 42-05 Parsons Boulevard
Flushing, NY 11355 For Sale