Merrick Boulevard, Queens, NY 11434

Home/Investment Sales/Off Market Investment Sales/Merrick Boulevard, Queens, NY 11434

Merrick Boulevard, Queens, NY 11434

$5,650,000.00

Details

  • 15,047 square foot corner retail property in Springfield Gardens
  • Building has a 10-year net lease with Dollar Tree (Until Jan. 2026) – has 2 -5 year options and a 10% rental increase in each option.
  • Property also has parking for 9 cars.
  • Property was completely renovated in 2016.
  • Asking Price ~ $5,650,000
  • Cap Rate ~ 5.3%
  • Price Per Square Foot ~ $375.49

Additional Information

Asset Type

Retail

City

Queens

Neighborhood

Springfield Gardens

Broker

Mike Sezan, Yuriy Ustoyev

Price

$5,650,000

Map

 

Get in Touch for More Details

    Name (required)
    Message
    Yes, I would like to receive listing updates from Asset Commercial Realty Group.

    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.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com