Mixed-Use Building

Mixed-Use Building

Mixed-Use Building
Flushing, New York
Residential Units, Retail Unit, Community Facility
April 02
Auction Date

Property Highlights

Building
The Shirokia Tower
Estimated Value
$29,750,000 ($559/sf)
Auction Starting Bid
$18,300,000 ($344/sf)
Residential
23 Units
Retail
1 Ground Floor Unit (vacant) with Mezzanine
Parking Spaces
30 Spaces in Gated Garage

How to Participate

  1. Download Brochure Click Here
  2. Purchase Due Diligence
    No Longer Available
  3. Attend Inspection
    Please call 212-867-3333 to arrange for an inspection.
  4. Bid & Win!
    10am on April 2
    The U.S. Bankruptcy Court
    271-C Cadman Plaza East
    Courtroom 2529
    Brooklyn, NY

Paramount Realty USA Presents Rare Opportunity to Purchase Mixed-Use Building at or Below Replacement Cost in Thriving Neighborhood at Auction!

Built in 2009 as a condominium, the Shirokia Tower is an approximately 53,225 sq. ft. 11-story mixed-use elevator building featuring:

  • 23 residential units (vacant)
  • 1 ground floor retail unit (vacant) with mezzanine
  • 3 second floor community facility units (leased)
  • 30 parking spaces in a gated garage

The building is located in prime downtown Flushing, just half a block from the renowned Flushing Commons, an $850,000,00 mega mixed-use development.  It is within 1 mile of at least 6 new development projects and blocks from the 7 train and Flushing LIRR station.

  5% Buyer's Premium