516-933-8880
132-01 14th Ave, College Point, NY for Sale
Storefront - FOR SALE
1/11
null | Request Cap Rate

132-01 14th Ave
College Point, NY 11356


HIGHLIGHTS

  • Chase-anchored Center
  • On-site parking
  • Second generation medical space fully built out - available for lease

OVERVIEW

The subject property is a retail center located at the northwest corner of 14th Ave and 132nd Street in College Point, Queens. The center is comprised of 12,653 SF of above-grade retail space, plus 4,479 SF of below-grade space with direct at-grade vehicular access via overhead door on 132nd Street (currently occupied by Merit Cars), providing ceiling heights and access conditions ideal for automotive, warehouse or service-related uses. The center is anchored by Chase Bank, which has total deposits of $272 million. The center is currently 74% leased and has one vacant medical space totaling 3,771 SF (formerly ProHealth). Above-grade retail tenants reimburse taxes, CAM and insurance as additional rent. Three tenants currently paying below market rent, offering investors an opportunity for near term upside.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northside Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bank, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

M1-1

APN/PARCEL ID

04012-0001

ASK ABOUT THIS PROPERTY

Jonathan WinzelbergRIPCO Real EstateMore Info
516-933-8880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jonathan WinzelbergRIPCO Real EstateMore Info
516-933-8880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.