Exclusive Investment Sales

//Exclusive Investment Sales
  • Asset Commercial Realty Group has been exclusively retained to market 8-24 Rockway Avenue, Valley Stream, NY, a fully leased commercial Building in the Valley Stream neighborhood of Nassau County

    The building spans a total of 18,500 SF on a 21,000 SF lot. The entire building is 100% leased to 6 retail Tenants.  All tenants have built in 3% annual increases with reimbursement for Real Estate Taxes of the Base Year of their Lease.

    • Three story brick building with basement and backyard
    • Consisting of six units
    • New Gas Boiler
    • Separately Metered (Gas and electric)
    • Building Size of 4,875 SF
    • Additional 1,200 SF of Air Rights
    • 100% Occupied
    • Price – $ 1,375,000
    • NOI – $ 55,818
    • PPSF – $ 282.05
    • CAP – 4.06 %
    • Multi-level office & retail center
    • Located on a hard intersection of Hempstead Turnpike and Arden Avenue
    • 55 parking spots in front & back of the center
    • Strong retail corridor with heavy foot & car traffic on both sides of the streets
    • Over 40,000 cars pass per day
    • Significantly below market rents ~ average of $22.35 PSF
    • National Tenants nearby include: Dollar Tree, Savers, People’s United Bank, Stop & Shop, GameStop, Payless, CVS, Chase Bank, Rite Aid, Cohen’s Optical, and many more
    • Multiple local bus stops right in front of the center and the LIRR is nearby
    • NOI- $ 383,700
    • CAP- 6.15 %
    • Price- 6,240,000
    • A vacant Multi-Family Building in the Bedford-Stuyvesant neighborhood of Brooklyn.
    • The property lot spans a total of 1,586 SF with 4,758 SF total buildable.
    • The property zoning is R6A and C2-4 and has an FAR of 3.
    • The building is well positioned with great access to public transportation such as a walking distance to the [A], [C], & [G] subway lines, [B43] & [B52 ] buses, and highways such as the Brooklyn Queens Expressway.
    • Property is also near Fulton ST and Nostrand Ave Retail strips with many retailers and a great amount of foot and car traffic.
    • Will be delivered Vacant
    • Price – $ 1,100,000
  • Asset Commercial Realty Group has been exclusively retained to market 112-45 Springfield Blvd, a fully leased commercial Building in the Queens Village neighborhood of Queens.

    The three tenant retail building spans a total of 10,200 SF with an 8,700 SF anchor tenant. The building is anchored by Dollar Tree Stores Inc.  Dollar Tree has 10% rent increases every five years while the other two retail tenants have 3% rent increases every year.

    The building is well positioned with great access to public transportation such as one block from the [Q27] & [Q83] buses, [Hempstead] & [Oyster Bay] LIRR lines, subway lines, and highways such as the Cross Island Parkway. Springfield Boulevard bustles with many retailers with a great amount of foot and car traffic.

    Collectively, the asset produces a gross income of $332,990.04 with a total expense of $22,733 and yields an Net Operating Income (NOI) of $310,257.04. Tenants are responsible for all of their utility, water, electricity bills and are responsible to pay their share of tax increases.

    • Development opportunity in the opportunity zone
    • 9,632 SF of total buildable
    • Comes with proposed plans for 12 units
    • Surrounded by five beautiful parks and various known retailers including Dunkin Donuts, Rite Aid, and T-Mobile
    • One block from W Fordham Rd / University Ave [Bx12, Bx3] station and four blocks from Fordham Rd [4] Station
    • Walking distance to University Heights [Hudson] station
    • Price- $ 950,000
    • 860 SF Retail with full basement and parking lot
    • Delivered Vacant
    • Located on popular retail strip of North Hempstead with stores including Dunkin Donuts, Capital One Bank, and The Food Emporium
    • Walking distance to Clark Botanic Gardens and John D Caemmerer Park
    • One block away from Willis Ave / Coventry Ave [n23] station
    • Price – $ 550,000
    • Single story retail strip consisting of seven units in the heart of Laurelton, Queens
    • Walking distance to popular retail strip on Merrick Ave and S Conduit Ave with known stores including Dunkin Donuts, Walgreens, and Chase Bank
    • Three blocks away from Springfield Blvd / 141st Ave [Q77, Q85] station and the Laurelton [LIRR] station
    • Price – $ 2,500,000
    • CAP – 5.59%
    • Condos are located at the base of a seven story residential building
    • Surrounded by multiple medical buildings and dense residential and retail properties within a one block radius
    • Great nighttime and daytime traffic
    • Neighbors with a medical office, library, and United States Post Office
    • Walking distance to many popular retail stores including Macy’s, McDonald’s and Stop & Shop and many medical buildings such as the Dermatology Center of Queens and the Union Plaza Rehab Center
    • 421-A tax benefit is in Year 11 of 15 and ends June 30th2023
    • Close to various bus stations with access to the Q16, Q20A, Q20B, Q44-SBS and Q34 buses
    • Price- $ 2,280,000
    • CAP – 7.04 %

     

     

    • The property will come with preliminary plans for 44 unit building with a community facility.
    • The building will consist of 10 studios, 32 one bedrooms, and 2 two bedrooms, totaling 35,683 SF
    • Gross Sq Ft: 46,756
    • Price Per Square Foot: $692
    • Price Per Unit: $642,857
    • Total Square Feet: 19,500
    • Total Units: 21
    • Current Cap Rate: 4.7%
    • Current GRM: 18.6
    • Pro Forma Cap Rate: 4.9%
    • Pro Forma GRM: 17.8
  • Asset Commercial Realty Group has been exclusively retained to market 201-18 Hollis Ave, Hollis NY a leased Retail Building in the Hollis neighborhood of Queens.

    • 4 Tenant Retail Building
    • One Apartment
    • Strong Retail Corridor
    • Building Size of 7,500 SF
    • PPSF: $ 280
    • 8.28% CAP Rate (projected)
    • NOI: $ 173,871

Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com