Asset Commercial Realty Group has been exclusively retained to market 215-15 Northern Boulevard, NY 11361. Built in 2014 and is fully occupied with tenants that all have long term-leases. Tenants in the building include: The Learning Experience, Pizza Hut, & Tiger Shulmanns
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- Description: Retail building in prime Howard Beach
- Neighborhood: Howard Beach
- Lot Size: 33,342 SF
- Zoning: R3-1, R2, C2-2
- FAR: 0.5
- Total Buildable: 33,342 SF +/-
- Cross Streets: 163rd Avenue & 164th Avenue
- Year Built: 2009
- Nearby Retailers: TD Bank, Dunkin’ Donuts, T-Mobile, CVS Pharmacy, Petco, Subway & more
- Asking Price: $ 16,500,000
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- 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
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- Three Tenant Retail Building
- Anchored by Blink Fitness
- Building Size of 17,642 SF
- Subway One Block Away
- Additional 9,500 SF of Air Rights In-Tact
- 15 Year ICAP
- NOI: $610,757
- 5.2% CAP RATE
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Asset Commercial Realty Group has been exclusively retained to market 5107-5111 4th Avenue, a fully leased commercial Building in the Sunset Park neighborhood of Brooklyn.
The building spans a total of 15,000 SF with 5,000 SF floor plates on the ground, second, and cellar levels. The entire building is 100% leased to Blink Fitness which has a new 15-year lease with one-5 year option and has 10% increases every five years, including the option(s) period.
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- Description: Income producing retail center consisting of 4 retail tenants in Richmond Hill with parking on grade and anchored by Dollar Tree
- Neighborhood: Richmond Hill
- Lot Size: 19,491 SF (93′ X 106.37′)
- Building Size: 15,00 SF (200′ X 75′)
- Number of Stories: 1
- Parking: Yes
- Zoning: R6A
- FAR: 3.0
- Total Buildable: 58,473 SF +/-
- Cross Streets: 108th Street & 109th Street
- Year Built: 2017
- Transportation: [Q37] bus stations
- Nearby Retailers: McDonald’s, Mobil, Auto Zone, Chase Bank, Carvel, Hertz, T-Mobile and more
- NOI: $497,945.44
- CAP Rate: 5.5%
- Asking Price: $9,050,000
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- Description: Development Opportunity for Sale in the Heart of Morrisania
- Neighborhood: Morrisania
- Lot Size: 27,134 SF
- Zoning: M1-1/R7-2, MX-7
- Total Buildable: 93,340 SF +/-
- Cross Streets: E 165th Street & E 166th Street, Park Avenue & Washington Avenue
- Nearby Retailers: Chipotle, Popeye’s, McDonald’s, Dunkin’ Donuts & more
- Asking Price: $8,300,000
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- 19,700 Lot Size with R7-1/C2-4 Zoning
- Wrap Around Frontage of Nearly 300 Feet
- 197 Feet on Webster Avenue
- Next to Bronx-Lebanon Hospital Center
- Very Strong C-Town Supermarket Operator as Anchor Tenant
- Shovel Ready Site with the Environmental Clean
- Total Buildable of 105,460 Square Feet
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- Description: Three-building package consisting of 18 residential units in Brooklyn, NY
- Neighborhoods: East New York & Ocean Hill
- Units Per Building: 6
- Zoning: R5 & R6
- Transportation: Located near multiple Van Siclen Avenue [A,C,J,Z] Train Stations
- Nearby Retailers: Dunkin’ Donuts, Dollar Tree, McDonald’s, Exxon, Rite Aid & many more
- Asking Price: $6,300,000
- Cap Rate: 4.98%
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- Description: Development Opportunity for Sale in the Heart of Jamaica, Queens
- Neighborhood: Jamaica
- Combined Lot Size: 16,164 SF
- Zoning: R6A, R41, C2-4, DJ
- F.A.R: 3.0
- Total Buildable: 48,573 SF +/-
- Cross Streets: 179th Place & 180th Street
- Asking Price: $6,200,000
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Asset Commercial Realty Group has been exclusively retained to market 150 Ocean Parkway, Unit #1 Brooklyn, NY 11218. This property is also known as 251 East 5th Street. The property is fully occupied with tenants. It offers a double frontage and entrance ability. Mix of Quality Medical Offices and Professional Offices on and below grade
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- Description: Retail building on Long Island
- Neighborhood: Port Jefferson Station
- Parcel Size: 4.66 Acres
- Building Size: 12,500 SF
- Tenant: Children of America
- Lease Type: NNN
- Year Built: 2013
- Nearby Retailers: 7-Eleven, Mobil, State Farm, MoneyGram, Optimum & more
- Asking Price: $ 5,835,000
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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 Net Operating Income (NOI) of $307,359. Tenants are responsible for all of their utility, water, electricity bills and are responsible to pay their share of tax increases.
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Asset Commercial Realty Group has been exclusively retained to market 6001 Church Ave, Brooklyn NY, a fully leased Retail Building in the East Flatbush neighborhood of Brooklyn. The building, constructed in 2011, spans a total of 9,828 SF on a 13,152 SF lot. The entire building is 100% leased to 7 retail Tenants. All tenants have built in 3% annual increases with reimbursement for Real Estate Taxes of the Base Year of their Lease.
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- Description: Development Opportunity for Sale in the Heart of Morrisania
- Neighborhood: Morrisania
- Lot Size: 15,920SF
- Zoning: M1-1/R7-2, MX-7
- Total Buildable: 54,766 SF +/-
- Cross Streets: E 164th Street & Weiher Ct.
- Nearby Retailers: Chipotle, Popeye’s, McDonald’s, Dunkin’ Donuts & more
- Asking Price: $5,200,000
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- Description: Development Opportunity for Sale in the Heart of Kew Gardens
- Neighborhood: Kew Gardens
- Lot Size: 5,704 SF (61.75′ X 92.38′)
- Building Size: 2,58 SF (51′ X 58′)
- Zoning: R7A
- FAR: 4.0 for Residential
- Total Buildable: 22,816 SF +/-
- Cross Streets: 117th Street & 118th Street
- Year Built: 1899
- Transportation: [E], [F], [J], [Z] subway lines & LIRR lines at Kew Gardens
- Nearby Retailers: Dunkin’ Donuts, Citgo, CVS Pharmacy, KFC, Wendy’s, United States Postal Service, Chase Bank and more
- Asking Price: $4,100,000
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- Description: Retail building in prime Laurelton, Queens
- Neighborhood: Laurelton
- Lot Size: 10,000 SF
- Zoning: R3-2, C1-3
- FAR: 0.5
- Cross Streets: 233rd Street & 234th Street
- Year Built: 1935
- Nearby Retailers: Dunkin’ Donuts, Mobil, McDonald’s, 7-Eleven, Chase Bank & more
- Asking Price: $ 3,950,000
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- Description: Development Opportunity for Sale in the Heart of Queens Village
- Neighborhood: Queens Village
- Lot Size: 12,000 SF
- Zoning: R3-2, C1-2
- Total Buildable: 6,250 SF +/-
- Cross Streets: 219th Street & 220th Street
- Year Built: 2004
- Nearby Retailers: Rite Aid, Little Caesars, Golden Krust & more
- Asking Price: $3,500,000
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- Total Built: 3,550 SF
- Total Buildable as of Now: 5,187 SF
- Total Buildable when Rezoned: 10,374 SF
Tenants pay for their own utilities and gas. Properties are located in a proposed rezoning area for R6B zoning which bumps up the FAR to 2.0 for commercial & residential. Walking distance to the Graham Ave [L] Train and the Nassau Ave [G] Train
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- Description: Two-Building Development Site Sitting on Two Tax Lots
- Neighborhood: Bushwick
- Lot Size: 3,760 SF
- Zoning: R6
- F.A.R (As Built): 2.43 (0.97)
- Total Buildable: 14,583 SF +/-
- Asking Price: $3,200,000
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- Description: Development Site for Sale in the Heart of Bushwick, Brooklyn
- Neighborhood: Bushwick
- Lot Size: 5,542 SF
- Zoning: R6
- F.A.R: 2.2
- Total Buildable: 13,467 SF +/-
- Cross Streets: Evergreen Avenue & Central Avenue
- Asking Price: $2,700,000
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- Description: 6-unit Multi-Family Building for Sale
- Neighborhood: Bushwick
- Lot Size: 2,500 SF (25′ X 100′)
- Building Size: 4,350 SF (25′ X 58′)
- Number of Stories: 3
- Parking: No
- Zoning: R6
- FAR: 2.43
- Total Buildable: 6,075 SF +/-
- Cross Streets: Irving Avenue & Knickerbocker Avenue
- Year Built: 1931
- Transportation: [M], [L] subway lines at Myrtle-Wyckoff Avenue
- Nearby Retailers: Rite Aid, Game top, Citibank, Blink Fitness, Bank of America, T-Mobile, Foot Locker and more.
- NOI: $165,790
- CAP Rate: 6.14%
- Asking Price: $2,700,000
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- Description: Retail Property for Sale in the Heart of Marine Park
- Neighborhood: Marine Park
- Lot Size: 8,000 SF
- Zoning: C8-1
- F.A.R: 1.0
- Total Buildable: 8,000 SF +/-
- Cross Streets: Avenue S & Avenue T
- Built: 1956
- Asking Price: $2,500,000
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- 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%
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- Description: Brick multi-family building in prime Ridgewood
- Neighborhood: Ridgewood
- Lot Size: 2,700 SF
- Zoning: C4-3A
- FAR: 3.0
- Total Buildable: 8,100 SF +/-
- Cross Streets: Hancock Street & Weirfield Street
- Year Built: 1931
- Transportation: [M], [L] Subway Stations
- Nearby Retailers: GameStop, Western Union, 7-Eleven, Taco Bell & The Children’s Place
- Asking Price: $ 2,400,000
