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90-02 Queens Blvd
Elmhurst, NY 11373 Elmhurst

$24,000,000 USD

Apartments Condo For Sale  •  39,815 SF

Property Details

  • Property Type Apartments
  • Total Building Size 266,322 SF
  • Lot Size 1.24 AC
  • Building Class B
  • Year Built 2017
  • Zoning R6
100 Transit Score
96 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit C2 Retail 39,815 SF $24,000,000 USD
  • Unit Size: 39,815 SF
  • Condo Use: Retail
  • Price: $24,000,000 USD
  • Sale Type: Investment
  • Price/SF: $602.79 USD
Description
Kassin Sabbagh Realty (KSR) has been tasked
exclusively with the sale of 90-02 Queens Boulevard,
Queens NY. Unit C2, comprising 39,815 square feet
on the ground floor, is currently leased to NYC
Health and Hospitals Corp. for an 18-year term,
generating an annual rent of $1,480,000 for
39,815 square feet of space.
This property benefits from a 15-year ICAP tax
abatement, scheduled to expire in June 2034, offering
potential savings on property taxes. Additionally, its
strategic location provides easy access to public
transportation, with the E, M, and R trains available
at the nearby Woodhaven Boulevard station, just
one block east of the property. Adjacent to Queens
Center Mall (one of the highest grossing malls
in the country

Property Flyers

Financial Summary

Total Expenses: $0 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Fitness Center
  • Laundry Facilities
  • Heating
  • Doorman
  • Gameroom
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Roof Terrace
  • Bicycle Storage
  • Elevator
  • Lounge
  • Freezer
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Forest Hills 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) 6 min - 1.9 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 8 min - 2.5 mi
AirportDriveWalkDistance
LaGuardia 10 min - 3.5 mi
John F Kennedy International 15 min - 10.3 mi
Newark Liberty International 32 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Morris Sabbagh 212-417-9217 Kassin Sabbagh Realty (KSR)
Morris Sabbagh 212-417-9217 Kassin Sabbagh Realty (KSR)