Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases
Springfield Boulevard, Queens NY 11413
$5,700,000.00
Details
All tenants reimburse for real estate tax (included in their gross rent and pay increases above a base year) and pay their own utilities. Property is surrounded by local and national retailers, with new development several blocks away. Minimal Management NYC retail asset. Majority of tenants have been on premise long term
Additional Information
| City | Queens |
|---|---|
| Neighborhood | Jamaica |
| Broker | Michelle Abramov |
| Price | $5,700,000 |
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