Exclusive Investment Sales

//Exclusive Investment Sales
    • Property is located near multiple retailers such as McDonalds, Subway, Starbucks, CVS Pharmacy, 7-Eleven, Gulf, Hertz, Bareburger, Dollar Tree, and more.
    • Property is on the heart of Steinway Street
    • Asset allows for a total of 24,000 SF +/- to be built (including the community facility) or to be kept for a self use
    • Property has FAR of 2.4
    • Property has an M1-1 Zoning

     

    • Property is located near multiple retailers such as Starbucks, Dunkin Donuts, Baskin Robbins, Chase Bank, TD Bank, 7-Eleven, and United States Postal Service
    • Property is located near the heart of Metropolitan Avenue
    • Building has a secured 15-year 421-A tax abatement
    • Building has 24-hour recorded surveillance with a virtual doorman, 24-hour fitness center on-site, a private keyed storage space, and more
  • -Currently used as a gas station and mechanic shop

    -Property is located near multiple retail stores

    -Property is located on the heart of Merrick Boulevard

    -Both leases have 3% annual rent bumps and expire on 4/30/22

    • Three story multi-family building 
    • Consisting of six units
    • There is no boiler in the building and the two RS tenants have new electric base board heat
    • All building systems have been replaced with new electrical, new plumbing, individual hot water heaters and boilers
    • Building Size of 4,350 SF
    • Price – $ 2,700,000
    • NOI – $ 165,790
    • GRM – 14.06
    • CAP – 6.14 %
  • 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%

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