Description
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.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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72,176SQFT
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$59$/SQFT
School Ratings & Info
Description
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.
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