Igor Khasidov - Commercial Real Estate Showcase

Igor Khasidov Property Listings
Director - Investment Sales - Capital Markets
First Class Management
111-50 76th Rd
Suite 6E
Forest Hills, NY 11375
(212) 222-7444
(212) 918-9037


DetailMap
116-29 Sutphin Boulevard

Jamaica, NY 11434-1526 - South Queens Submarket


Property Type:Retail Sub Type:Storefront Status:Existing Year Built:2004
Building Size:3,430 SF Land Area:.09 AC (4,108 SF)
For Sale Price:$1,250,000 Price/SF:$364.43
Cap Rate:-



Sale Notes:
Ariel Property Advisors presents 116-29 Sutphin Boulevard, a 3,430 square foot commercial building in Jamaica, Queens.

This corner building was constructed in 2004 and is split into 3 retail units each with street level and basement space. Unit 1 is a church that has occupied the building for 10 years and whose current lease expires in 2016. Unit 2 is occupied by a laundromat that has a lease that expires in 2023. Unit 3 is vacant.

Located at the corner of Sutphin Blvd and 116th Rd this site sits on a heavily trafficked north/south thoroughfare in Southeastern Queens. Other major retailers in the immediate vicinity include a brand new Dollar Tree, McDonalds, Subway and Dunkin Donuts.

This site offers investors a chance to take advantage of the recent renaissance that Jamaica is experiencing thanks to city, state and local public initiatives along with private investment.

For more information please contact a member of our sales team.

Ariel Property Advisors
Shimon Shkury
(212) 544-9500 x11

Michael A Tortorici
(212) 544-9500 x13

Daniel Wechsler
(212) 544-9500

  
First Class Management
Igor Khasidov
(212) 222-7444




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