Queens NY, 11356 - MLS# 3389789

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Queens NY, 11356 $25,000,000

Misc Commercial

1 of 11

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

Financial

Taxes: $224,022

Local Area Information

School District: Queens 25 Lot: 219 x 205

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Listing Information provided courtesy of Compass Greater NY LLC

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS

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