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16320 Crossbay Blvd
Howard Beach, NY 11414 Howard Beach

$12,000,000 USD

Supermarket For Sale • 9,767 SF

Property Details

Property Type Supermarket
Total Building Size 9,767 SF
Lot Size 0.77 AC
Building Class B
Year Built 2009
Cap Rate 9.14 %
Tenancy Single
Zoning R3-1, R2, C2-2

56 Transit Score

78 Walk Score

                
                    Highlights
                
                                CORPORATE-GUARANTEED WALGREENS ABSOLUTE NNN LEASE RUNS THROUGH OCTOBER 31, 2028.
                            
                                THE PROPERTY IS A ~0.76-ACRE SITE WITH PARKING ON CROSS BAY BLVD WITH A 9,724 SF BUILDING AND STRONG VISIBILITY IN A HIGH-TRAFFIC RETAIL CORRIDOR.
                            
                                KEY FOOD OPERATES AS THE SUBTENANT AND HAS INVESTED HEAVILY IN RENOVATIONS, SIGNALING STRONG STORE PERFORMANCE AND LONG-TERM COMMITMENT TO LOCATION.
                            
                                -THE STORE FUNCTIONS AS ESSENTIAL, GROCERY-ANCHORED RETAIL, DRAWING DAILY NEIGHBORHOOD TRAFFIC.

Property Flyers

Queens NYC Walgreens Key Food 163-30 Cross Bay Blvd FOR SALE 2025

Cap Rate:

9.14 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road)	14 min	-	5.4 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	13 min	-	5.6 mi
Airport	Drive	Walk	Distance
John F Kennedy International	11 min	-	5.8 mi
LaGuardia	22 min	-	13.0 mi
Newark Liberty International	46 min	-	23.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	42
Type:	Surface
Included in Rent:	Yes

Matthew Colantonio 516-680-6832 Schuckman Realty, Inc.

16320 Crossbay Blvd Howard Beach, NY 11414 Howard Beach