92-77 Queens Blvd - Hospitality FOR SALE
Rego Park, NY 11374 |
92-77 Queens Blvd
Rego Park, NY 11374
HIGHLIGHTS
- 50-key hotel and the retail component of Retro Fitness, Starbucks, and the parking garage
- highly visible corner lot with excellent frontage on Queens Boulevard, a major thoroughfare in the area.
- The property benefits from a strong tenant roster, with Retro Fitness and Starbucks both having long-term leases in place.
- Community Housing occupies 19,000± square feet and recently signed a 10-year lease with options.
- The current net operating income (NOI) is approximately $2,540,000 and the property is well-positioned to benefit from the strong demand for retail
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
100% Net Leased Mixed Use Building
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
61780
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2016
PARKING SPACES
11
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
R7-1
APN/PARCEL ID
02075-0039
