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2407-2411 150th St

12,000 SF Retail Building Whitestone, NY 11357 For Sale

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Investment Highlights

Existing Tenant-Met Fresh Supermarket
Long-term NNN lease w/ 10yr option

Prime Corner Location

Executive Summary

Discover an exceptional investment opportunity in this meticulously maintained 12,000
SF building at 2407-2411 150th Street, Whitestone, NY, 11357. Boasting a prime corner location, this property features a single unit occupied by the Met Fresh Supermarket under a long-term NNN lease with a 10-year option. Built in 2019 and benefiting from
100% occupancy, this high-visibility retail space presents a strong addition to any investor's portfolio. Zoned R3-1 C1-2, this property offers a lucrative prospect for retail/street retail investors seeking a stable and rewarding asset in the dynamic Northeast Queens market.

24-11 150th St. Brochure

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Supermarket

Building Size

12,000 SF

Building Class

Year Built

2019

NOI

$520,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.92

Land Acres

0.30 AC

Zoning

R3-1 C1-2 - R3-1 contextual districts are the lowest density districts that allow semi-detached one- and two-family residences, as well as detached homes.

Frontage

127 FT on WILLETS POINT BLVD

Amenities

24 Hour Access

Corner Lot

Signage

Retailer
99,999 SF
$9.99
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Offering quality food and great variety for more than 45 years, Met Foodmarkets are independently owned and operated stores in New York City, Long Island and New Jersey. These neighborhood stores offer a robust variety of grocery and fresh products for the mainstream, price-conscious consumer. As sales, retail offerings and consumer interest in organic products have all grown, Met Fresh, a younger version of its legacy banner name, meets the demand. The Met Fresh format offers larger produce and perimeter services in conjunction with traditional product assortments for the health-conscious consumer.