PropertyIDX - Bruson Building (New York)

Bruson Building

For Sale - 74-09 37 AVENUE- Queens - Jackson Heights

$41,000,000

Net Operating Income: $1,613,960

Key Details

Property Type: Commercial
Neighborhood: Jackson Heights
Property Dimensions: 200.0 x 90.0
Property Area: 92,914 sq.ft.
Total Units:: 18
Stories:: 4
NOI: $1,613,960
Price: $41,000,000
Price Per Unit: $2,277,777
Cap Rate: 3.9%

Listing Description

Marcus & Millichap is pleased to present the Bruson Building.

After suffering a fire that burned down the family built Bruson Building, in 2016 the building was reconstructed and offers one of the only new office buildings in Jackson Heights. The newly rebuilt office building with ground-floor retail is considered the hub of Jackson Heights. Office buildings in Jackson Heights are scarce, to begin with, and the combination of a brand-new office building less than a block from the subway is truly one of a kind.

Property Details

Block/Lot:: 1274/35
Lot Dimensions: 200.0 x 100.0
Lot Area: 20,000 sq.ft
Zoning:: R7-1, C1-3
Max FAR:: 3.44

Shaun RineyNew York Multifamily

Sales & Transactions

Address	Sale Price	Sale Date	Property Type
9101 31 AVENUE	$1,025,000	06/27/2018	Commercial
84-01 ROOSEVELT AVENUE	$19,100,000	06/07/2018	Commercial
95-49 ROOSEVELT AVE	$2,600,000	05/30/2018	Commercial
62-17 NORTHERN BLVD	$1,500,000	04/06/2018	Commercial
74-12 37TH AVENUE	$16,000,000	03/29/2018	Commercial
79-05 ROOSEVELT AVENUE	$7,410,000	02/16/2018	Commercial
35-04 JUNCTION BOULEVARD	-	02/05/2016	Commercial
37-53 82ND STREET	-	11/16/2015	Commercial
76-02 NORTHERN BOULEVARD	-	11/13/2015	Commercial
80-07 31ST AVENUE	$550,000	10/29/2015	Commercial

Bruson Building

$41,000,000

Key Details

Listing Description

Property Details

Sales & Transactions

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