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Michael Edelstein
REALTOR®, RE Salesperson

132-12 14 Avenue, College Point, NY 11356

$25,000,000.00
  • Main Photo

11 Photos

Active
BEDS0 BATHS MLS#3389789
STATUSActive PROPERTY TYPECommercial - Multiple SCHOOLQueens 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 Type: Commercial - Multiple
Days on Market: 245
Taxes: $224,022

Feature Descriptions

Current Use: Retail
On Market Date: 2022-04-07
Overhead Door: 0

Local Schools

School District: Queens 25

Listed By / Shown By

Listing By

Agency Name: Compass Greater NY LLC
Agency Contact: 646-662-8888

Shown By

Agent Name: Michael Edelstein
Agent Phone:

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 12/08/2022. The listing information on this page last changed on 12/08/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of HGMLS (last updated Mon 03/23/2020 8:14:21 PM EST) or NJMLS/ IDX (last updated Thu 12/08/2022 12:07:39 PM EST) or OneKey MLS (last updated Thu 12/08/2022 12:06:05 PM EST). Real estate listings held by brokerage firms other than Rand Commercial may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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