75-08-75-18 Broadway - Storefront FOR SALE
Elmhurst, NY 11373 |
75-08-75-18 Broadway
Elmhurst, NY 11373
HIGHLIGHTS
- Newly renovated and cash flowing with strong tenant mix, anchored by Walgreens Pharmacy and Fay Da Bakery (12+ regional locations)
- ICAP tax abatement in place through 2035
- Value-add opportunity with rentable lower level space and dedicated access
- Tremendous visibility, foot traffic and exposure with direct subway [E, F, M, R, 7] access on 75th Street and bus stop directly in front of the proper
- Annual subway ridership over 17 million and average daily pedestrian count of approximately 10,000
- Ideal long-term investment or 1031 exchange opportunity to own a cash flowing property in one of Queens’ most diverse and rapidly growing areas
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
75-08/24 Broadway
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
7935
STORIES
1
YEAR BUILT
1940
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
01486-0008
