$2,100,000.00
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.
The building, constructed in 1931, spans a total of 7,500 SF
on a 11,180 SF lot. The property is situated on a Square lot
providing visibility to all tenants on Hollis Ave.
The building is leased to two retail stores and one
apartment/office space. The building also has two vacancies.
The building is well positioned with great access to public
transportation. Its near many public and express buses.
Hollis Avenue bustles with many retailers with a great
amount of foot and car traffic.
Collectively, the asset produces a Net Operating Income
(NOI) of $173,871. Ownership has set the asking price at
$2,100,000 which reflects a 8.28% CAP rate or $280 PSF.
| Asset Type | Retail |
|---|---|
| City | Queens |
| Neighborhood | Hollis |
| Price | $2,100,000 |
| Building Size | 7,500 SF |
| Cap Rate | 8.28% |
| Net Operating Income | $173,871 |
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.
Development Opportunity on Findlay Avenue, Bronx. Grant Park and Claremont Park are walking distance from the property. Webster Ave retail corridor is 3 blocks away from the property. Train station on 170th St. is walking distance.
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
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.
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