Beach Channel Drive Queens, NY 11692

Home/Investment Sales/Off Market Investment Sales/Beach Channel Drive Queens, NY 11692

Beach Channel Drive Queens, NY 11692

$3,000,000.00

  • Subject property is a 1 story retail building occupied with a Super Market Tenant.
  • Tenant has a remainder of 15 years left on the Triple Net Lease paying $144,000 annually with 3% escalations.
  • Property is next door to a Marina and Community Garden, surrounded by many future developments coming to the area.
  • Property is located near Beach 60th Street [A] Train Station.
  • Price ~ $3,000,000
  • Cap Rate ~ 4.8%

Details

  • Subject property is a 1 story retail building occupied with a Super Market Tenant.
  • Tenant has a remainder of 15 years left on the Triple Net Lease paying $144,000 annually with 3% escalations.
  • Property is next door to a Marina and Community Garden, surrounded by many future developments coming to the area.
  • Property is located near Beach 60th Street [A] Train Station.
  • Price ~ $3,000,000
  • Cap Rate ~ 4.8%

Additional Information

Asset Type

Retail

City

Queens

Neighborhood

Far Rockaway

Broker

Mike Sezan

Price

$3,000,000

Map

 

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    Bayside, NY 11361

    Phone: 646.586.2091

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