Bruson Building

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

$41,000,000

Net Operating Income: $1,613,960

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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
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Sales & Transactions

AddressSale PriceSale DateProperty Type
9101 31 AVENUE$1,025,00006/27/2018Commercial
84-01 ROOSEVELT AVENUE$19,100,00006/07/2018Commercial
95-49 ROOSEVELT AVE$2,600,00005/30/2018Commercial
62-17 NORTHERN BLVD$1,500,00004/06/2018Commercial
74-12 37TH AVENUE$16,000,00003/29/2018Commercial
79-05 ROOSEVELT AVENUE$7,410,00002/16/2018Commercial
35-04 JUNCTION BOULEVARD-02/05/2016Commercial
37-53 82ND STREET-11/16/2015Commercial
76-02 NORTHERN BOULEVARD-11/13/2015Commercial
80-07 31ST AVENUE$550,00010/29/2015Commercial