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137-20 Cross Bay Blvd

31,000 SF 100% Leased Retail Building Jamaica, NY 11417 $16,125,000 ($520/SF) 6% Cap Rate

Retail Space New York Jamaica 137-20 Cross Bay Blvd, Jamaica, NY 11417

Investment Highlights

  • 100% Occupied Queens Blockfront Shopping Center With Parking.
  • Value-Add in leasing 5,000 SF unoccupied basement space with truck loading access through the rear parking lot
  • Anchored by Panera, Dollar Tree, UPS, and Mattress Firm

Executive Summary

137-20 CROSS BAY BLVD IS AN ENTIRE BLOCK-FRONT MULTI- TENANT RETAIL PROPERTY WITH PARKING ON THE WEST SIDE OF CROSS BAY BLVD. BETWEEN PITKIN AND 149TH AVE, JUST NORTH OF THE BELT PKWY IN OZONE PARK. THE PROPERTY CONSISTS OF APPROXIMATELY 31,000 SF ACROSS 8 SPACES ON A 58,306 SF IRREGULAR LOT.
THE CENTER IS CURRENTLY 100% OCCUPIED AND IS COMPRISED OF A MIX OF LOCAL AND NATIONAL TENANTS, ANCHORED BY DOLLAR TREE, PANERA, MATTRESS FIRM AND UPS.

Attachments

137-20 Cross Bay Blvd Queens For Sale PRIVATE 2024

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
31,000 SF
Building Class
C
Year Built
1933
Price
$16,125,000
Price Per SF
$520
Cap Rate
6%
NOI
$967,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.53
Lot Size
1.34 AC
Zoning
C8-1
Parking
30 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
527 FT on Cross Bay Blvd

Amenities

  • Bus Line
  • Signage
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Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

CTown
Td Bank
Key Food
Valley National Bank
IHOP
Compare Foods
Blink Fitness
Bank of America
The Food Emporium
Sugar Factory

PROPERTY TAXES

Parcel Number 11409-0010 Improvements Assessment $3,196,443
Land Assessment $576,000 Total Assessment $3,772,443

PROPERTY TAXES

Parcel Number
11409-0010
Land Assessment
$576,000
Improvements Assessment
$3,196,443
Total Assessment
$3,772,443
(516) 680-6832

Contacts

  • Listing ID: 29800920

  • Date on Market: 10/16/2023

  • Last Updated:

  • Address: 137-20 Cross Bay Blvd, Jamaica, NY 11417

More public record information on 137-20 Cross Bay Blvd, Jamaica, NY 11417

The Retail Property at 137-20 Cross Bay Blvd, Jamaica, NY 11417 is currently available for sale. Contact Schuckman Realty, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Ozone Park - 137-20 Cross Bay Blvd For Sale -Rear Parking Loading Ramp
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137-20 Cross Bay Blvd, Jamaica, NY for sale Building Photo- Image 12 of 17
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137-20 Cross Bay Blvd
(516) 680-6832 x

137-20 Cross Bay Blvd

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Matthew Colantonio

(516) 680-6832

(516) 680-6832

Baruch Edelkopf

(718) 964-9048

(718) 964-9048

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