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224-01 Merrick Blvd
Jamaica, NY 11413 Laurelton

$2,975,000 USD

Storefront For Sale  •  7,435 SF

Property Details

  • Property Type Storefront
  • Total Building Size 7,435 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1932
  • Tenancy Multiple
  • Zoning C8-1
62 Transit Score
85 Walk Score

Highlights

100% Occupied ±6,000 SF Single-Story Retail Strip
Located on the Corner of Merrick Boulevard and 224th Street in Laurelton, Queens—One of South Queens’ Most Heavily Traveled Retail Corridors
Three-Tenant Roster Featuring Three Percent Annual Rent Increases and Proportionate Real Estate Tax Reimbursements
Two Long-Term Leases Through 2034 With Established Tenancy and Front Parking Lot Accommodating Eight Vehicles
Corner 10,000 SF Lot Zoned R5D/C2-3 with 20,000 Buildable SF and ±14,000 SF of Excess Air Rights for Future Development

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Scott Plasky 917-539-0402 Marcus & Millichap
Scott Plasky 917-539-0402 Marcus & Millichap