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112-19 Francis Lewis Blvd

Hollis, Queens Village, NY
Total Size
2,520 sqft
Lot Size
2,614 sqft

About 112-19 Francis Lewis Blvd

The two-story property at 112-19 Francis Lewis Boulevard in New York offers investors a storefront with 2,520 square feet and a successful laundry business that may also interest entrepreneurs hoping to buy commercial space rather than having to rent office space in Queens Village in the future.

The existing laundry and dry cleaning business generates an annual income of $156,000 gross. The second floor of 112-19 Francis Lewis Boulevard in New York comprises of two residential units which generate $8,400 and $9,600 per annum respectively. Total building expenses including taxes of $3,026 amount to $28,000 per annum.

The area surrounding 112-19 Francis Lewis Boulevard in New York enjoys excellent public transit links, also offering great shopping and dining within a short walking distance into every direction.

Queens Village provides retailers and office-based professionals with a great location, for this area sees high foot traffic and receives sold residential backing from an increasingly affluent population.

Offering retailers an excellent signage opportunity above a modern all-glass storefront, the brown brick building at 112-19 Francis Lewis Boulevard in New York makes a highly professional and well-maintained first impression.

Internet Providers for 112-19 Francis Lewis Blvd

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
10 Mb/s
1.5 Mb/s

The Market: New York City

On average, listings lease in the $60's per square foot per year. The New York City submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 6% decline in rent.

Median Rate Median Size

Median Rate over Time in New York City