- Asking Rent:
- $ 40 PSF ~ Ground Floor
- $ 33 PSF ~ Second Floor
- Basement space available for free
- Size Available:
- 6,884 SF on the ground floor
- 7,265 SF on the second floor
- 7,265 SF of basement space
- Asset Type: Retail, Office
- Ceiling Height:
- 13 Feet ~ Ground and Second Floor
- 9 Feet ~ Basement
- Uses: All uses are accepted
- Frontage:
- 80.75 feet on Westchester Avenue
- 100.42 feet on Colgate Avenue
- Cross Streets: Colgate Avenue & Bronx River Avenue
- Transportation: [2], [5] subway lines at Freeman Street & [6] subway line at Elder Avenue
- Zoning: R6, C2-2
- Construction: 1925
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AssetCRG has successfully leased out 1273 Deer Park Avenue for a 15-year lease. The 3,050 SF space was leased to 7-Eleven.
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- Description: Retail center consisting of 6 retail tenants in Valley Stream
- Neighborhood: Valley Stream
- Lot Size: 21,000 SF (100′ X 210′)
- Building Size: 18,500 SF (180′ X 100′)
- Number of Stories: 1
- Parking: Yes
- Zoning:C-1
- Cross Streets: Rockaway Avenue & Merrick Road
- Transportation: LIRR lines at Valley Stream
- Nearby Retailers: Rite Aid, Burger King, CVS Pharmacy, Sears, Dick’s Sporting Goods, Shell, AT&T and more
- NOI: $166,201
- CAP Rate: 6.5%
- Asking Price: $2,500,000
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- AssetCRG represented both the buyer and the seller
- Sold For: $ 6,675,000
- Asset Type: Retail Property
- Square Footage: 53,040
- CAP: 8.83 %
- PPSF: $ 125.84
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- AssetCRG represented both the buyer and the seller
- Sold For: $ 4,250,000
- Asset Type: Retail Property
- Square Footage: 6,500
- CAP: 6.04 %
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- AssetCRG represented both the buyer and the seller
- Sold For: $ 5,500,000
- Asset Type: Retail Property
- Square Footage: 13,250
- CAP: 6.5 %
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- AssetCRG represented both the buyer and the seller
- Sold For: $ 3,200,000
- Asset Type: Retail Property
- Square Footage: 4,650 SF
- CAP: 7.01%
- PPSF: $ 688.17
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- AssetCRG represented both the buyer and the seller
- Sold For: $ 7,000,000
- Asset Type: Development Opportunity
- Square Footage: 62,390 SF
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- 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
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- AssetCRG represented both the buyer and the seller
- Sold For: $ 1,175,000
- Asset Type: Mixed-Use Property
- Square Footage: 3,430 SF with separate basements for each unit
- CAP: 5%
- PPSF: $ 350
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- Asset Commercial Realty Group represented the purchaser in this transaction
- Sold For: $28,000,000
- Asset Type: Shopping Center
- Square Footage: 62,442 SF
- PPSF: $ 448.42
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- Asset Commercial Realty Group represented the purchaser in this transaction
- Sold For: $5,000,000
- Asset Type:
- SF: 12,360 SF
- CAP: 4.8%
- PPSF: $404.53