233-02 Merrick Boulevard, Laurelton, Queens | Retail | $3,950,000

Home/Investment Sales/Exclusive Investment Sales/233-02 Merrick Boulevard, Laurelton, Queens | Retail | $3,950,000

233-02 Merrick Boulevard, Laurelton, Queens | Retail | $3,950,000

$3,950,000.00

  • 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

Offering Memorandum

Details

  • Retail building located in the Laurelton neighborhood of Queens, New York
  • Highly coveted retail corner with 4 tenants and parking
  • Property consists of 12 parking spaces in the back of the property
  • Tenants have either 3% or 4% annual increases on rent
  • Lot square footage is 10,000 feet with building size of 6,417 SF
  • Property is located near many retailers such as Chase Bank, Dunkin’ Donuts, Mobil, McDonald’s, 7-Eleven and more
  • Asking Price: $3,950,000 ~ 5.5% CAP Rate

Additional Information

City

Queens

Neighborhood

Laurelton

Broker

Michelle Abramov

Map

 

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    Bayside, NY 11361

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