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132-12 14 Avenue

College Point, NY 11356
  • $33,000,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 3389789
UPDATED: 51 min ago
$33,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
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Area:

School Ratings & Info

School District:

Description

Compass is excited to announce the sale of this shopping mall at 130-22 14th Ave, a single-story, multi-tenanted retail building situated on the busy street of 14th Ave which is convenient for commuters. With two other large shopping centers behind us, this proves to be a very convenient and popular location. This shopping center consists of five tenants, three of which are AAA tenants. This property is a 41,382 sqft lot complimented by a retail shopping center and is a great investment opportunity for savvy investors. The tenants at this location all pay a portion of the real estate taxes, leaving the owner with about 12%. They have 3% annual rent increases and options to extend their leases. There is a new roof installed, along with a complete parking lot resurfacing of its 55 parking spots and a video surveillance system installed for a peace of mind.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2022-06-25T09:17:24.567.
www.goldstarpremier.com/homes/127479593
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132-12 14 Avenue College Point, NY 11356

  • Price: $33,000,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 51 min ago
  • MLS #: 3389789
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Queens
County:
Queens
Area:
Queens
School District:
Queens 25
Property Description
Compass is excited to announce the sale of this shopping mall at 130-22 14th Ave, a single-story, multi-tenanted retail building situated on the busy street of 14th Ave which is convenient for commuters. With two other large shopping centers behind us, this proves to be a very convenient and popular location. This shopping center consists of five tenants, three of which are AAA tenants. This property is a 41,382 sqft lot complimented by a retail shopping center and is a great investment opportunity for savvy investors. The tenants at this location all pay a portion of the real estate taxes, leaving the owner with about 12%. They have 3% annual rent increases and options to extend their leases. There is a new roof installed, along with a complete parking lot resurfacing of its 55 parking spots and a video surveillance system installed for a peace of mind.
Property Features

Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 224022.00 Zoning Description R2aC1-2

Listing courtesy of Lin Han of Compass Greater Ny Llc.
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2022-06-25T09:17:24.567.
 
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