11024-11028 Merrick Blvd, Jamaica, NY 11433
6,658 SF | 100% Leased | Retail Building | Jamaica, NY 11433 | $2,900,000 ($436/SF) | 8.03% Cap Rate
For Sale
Active
Asking Price $2,900,000
- Property Type
-
Retail
- Square Feet
- 6,658 SF
- Price / Square Foot
- $436
Listing Contacts
Matthew Colantonio
Baruch Edelkopf
Property Overview
11024-11028 is an assemblage of three mixed-use properties on the northwest corner of Merrick Blvd and 110th Rd in South Jamaica, Queens. The properties each include 2 residential units on top of 1 retail per building and the apartments have all been recently renovated. There is a rear yard on 110th Rd with an existing curb-cut which has been recently paved, gated, and leased to a construction company for parking and storage.
The properties lie exactly 1 mile south of Jamaica Ave and the nearby Jamaica Center-Parsons/Archer and LIRR hubs and the subject stretch of Merrick Blvd is serviced by the Q4,5,84,85 and n4 bus lines.
The properties lie exactly 1 mile south of Jamaica Ave and the nearby Jamaica Center-Parsons/Archer and LIRR hubs and the subject stretch of Merrick Blvd is serviced by the Q4,5,84,85 and n4 bus lines.
Property Details
- Class
- C
- Year Built
- 1931
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential, Grocery/Convenience Store
- Lot Size (sq. ft)
- 7,405 SF
Highlights
- Free Market Mixed-Use Tax Class Protected
- 100% Occupied - 6 Residential and 3 Commercial Units
- Paved and Gated Leased Parking Lot
Nearby Properties
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