Listed by Meridian Capital Group
$5,100,000
Retail Co-op Master Lease | 39-24/52 Queens Boulevard
Details
Property Type Retail
Sub Type Storefront
Square Footage 8,823
Price per SqFt $578
Investment Type Stabilized
Ground Lease No
About This Property
Investment highlights
• Entire block front with 200’ of prime Queens Boulevard retail frontage
• Retail Co-op Master Lease through 2038 with (5) ten-year renewal options
• 8,823 SF comprised of 12 retail units plus 12 basement storage units
• Steps to the 40th Street [7] train (15 minutes to Manhattan’s Grand Central Terminal)
• Ideal long-term investment or 1031 exchange property
Listing Contacts
Listed by Meridian Capital Group
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