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- Description:This retail property represents a compelling investment opportunity in Mariner's Harbor, celebrated for its historic charm and cultural vibrancy, making it an appealing choice for astute investors.
- Neighborhood: Mariner's Harbor
- Lot Size: 38,781 SF (162.02′ x 215.88′)
- Building Size: 12,900 SF (100′ x 100′)
- Number of Unit: 1
- Zoning: R3-2, C8-1
- F.A.R (As Built): 1 (0.37)
- Total Buildable: 38,781 SF +/-
- Cross Streets: Forest Ave & Spirit Ln
- Year Built: 2007
- Asking Price: $12,000,000
- Cap Rate: 5.17%
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Asset Commercial successfully singed its third deal with the Learning Experience as Tenant. The subject property, a former Synagogue, is planned to be redeveloped into a mixed use, residential and community facility, property. Ground breaking is scheduled to start in Q1, 2018. The project should complete within 18 months of commencement. Other sites done with TLE:
- TLE @ Medford
- TLE @ Bayside
- TLE @ Bellrose
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.
Recent Activity
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