Queens NY, 11356
$25,000,000
Misc
Commercial
Details
ML#: 3389789
- Sale or Rent:Sale
- Taxes: $224,022
- Status:Active
Description
Compass is excited to announce the sale of this shopping mall at 130-22 14th Ave, a single-story, multi-tenanted retail building situated on the busy street of 14th Ave which is convenient for commuters. With two other large shopping centers behind us, this proves to be a very convenient and popular location. This shopping center consists of five tenants, three of which are AAA tenants. This property is a 41, 382 sqft lot complimented by a retail shopping center and is a great investment opportunity for savvy investors. The tenants at this location all pay a portion of the real estate taxes, leaving the owner with about 12%. They have 3% annual rent increases and options to extend their leases. There is a new roof installed, along with a complete parking lot resurfacing of its 55 parking spots and a video surveillance system installed for a peace of mind.
More Property Details
Taxes: $224,022
School District: Queens 25
Lot: 219 x 205
Listing Information provided courtesy of
Compass Greater NY LLC
212-913-9058