NY
Queens
College Point
11356
132-12 14 Avenue
132-12 14 Avenue, College Point, NY 11356
Listing Type
Commercial/Industrial
Listing Status
Off Market
0
$25,000,000

Home Details for 132-12 14 Avenue

Price
$25,000,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
County
Queens
Garage
Days on site
1048
MLS Listing#
3389789
Listing Courtesy: Compass Greater NY LLC - 212-913-9058
Property 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.

Property Features
    . Presented by: Lin Han
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    EXIT REALTY DKC
    3825 East Tremont Ave, Bronx, NY 10465
    Office
    718 676 1371
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