129-32 Merrick Boulevard, Jamaica NY | Retail Strip | $1,600,000

Home/Completed, Investment Sales, Past Transactions/129-32 Merrick Boulevard, Jamaica NY | Retail Strip | $1,600,000

129-32 Merrick Boulevard, Jamaica NY | Retail Strip | $1,600,000

Details

Asset Commercial Realty Group has been exclusively retained to market 129-32 Merrick Boulevard, Jamaica, NY.

The building spans a total of 4,446 SF on a 7,144 SF lot. The property was built in 2006. The strip center is located on an intersection of 130th Street and Merrick Boulevard. The strip center is surrounded by national and local retailers. Twenty Five year ICIP tax abatement is in place for this property. Fifteen Years remaining.

  • AssetCRG represented both the buyer and the seller
  • Sold For: $ 1,600,000
  • Asset Type: Retail Property
  • Square Footage: 4,446 SF
  • CAP: 8.03%
  • PPSF: $359.87

Additional Information

Asset Type

Retail

City

Queens

Neighborhood

Jamaica

Price

$ 1,600,000

Building Size

4,446 SF

Cap Rate

8.03 %

 

Map

 

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    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