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99-01 Queens Blvd
20,696 SF of Office/Retail Space Available in Rego Park, NY 11374
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor | 20,696 SF | 15’ | 10-20 Years | $45.00 /SF/YR $3.75 /SF/MO $931,320 /YR $77,610 /MO | TBD |
2nd Floor
All office/retail space uses considered, including approval for school use. Existing buildout 9 classrooms, open admin cubicle area, private admin offices, and reception area. Dedicated elevator for exclusive 2nd floor use.
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Finished Ceilings: 15’
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 99-01 Queens Blvd , Rego Park, NY 11374
| Property Type | Retail | Gross Leasable Area | 42,802 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1952 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 42,802 SF |
| Year Built | 1952 |
About the Property
This three-story mixed-use building is located on the major thoroughfare of Queens Boulevard, and is just one block away from the 67th Avenue subway station that serves the M & R lines and Q60 bus route. This property features ground floor and lower level retail space, as well as office (school) space on the second floor. The building is anchored by Mount Sinai Hospital as a medical office facility and New York Sports Club. BDG acquired the asset and simultaneously entered a long term lease with Mount Sinai Hospital to fill a void in their network and service this vibrant community.
- 24 Hour Access
- Bus Line
- Metro/Subway
Nearby Major Retailers
Presented by
99-01 Queens Blvd
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