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Information contained herein is believed reliable but not guaranteed as to accuracy. Listings are subject to change at any time, errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Buyers should conduct their own independent investigations and rely only on those results. All dimensions are approximate.

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Shopping center for sale - Shopping centers for sale - strip mall for sale - strip malls for sale - plaza for sale - plazas for sale in New York, Queens, NY
 ------------- SOLD ------------             

ID#SCQ00001

Shopping center for sale, Queens, - 3 Flours – 80,000 sq. ft – Income: $ 2,163,000  Expenses: $264,000  NOI $1,899,000  Price:$30,000,000 
                                                    
Tenant  Annual Income Sq. feet Lease Exp Increase
FLEET BANK
10 year lease with renewals in place 
$400,000 12,000 sq. ft 7/31/08 08.2004 $3,300
08.2007 $3,300
08.2010 $4,000
Grocery Store has existed for approx last 10 years and will continue renewal $26,000   12/2004    
FLORIST  $45,000  1,500 sq.ft  Mo to mo   
Commercial related services $432,000     3% increase
Gym 
LOWER BSMT Level
25 foot high ceiling. 
$800,000 30,000 sq. ft  new lease   
RITE AID
15 Year lease with renewals
$460,000 9,240 sq. ft  05/2014 07.2004 $3,800 07.2009 $4,600
Total:  $2,163,000
Expenses:
Insurance  $15,000
Taxes  $249,000
Total:  $264,000
 

QUEENS REAL ESTATE | BROOKLYN REAL ESTATE | STATEN ISLAND | MANHATTAN | BRONX |  OTHERS