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113-05 Springfield Blvd 27,797 SF 100% Leased Retail Building Queens Village, NY 11429 $12,875,000 ($463.18/SF) 6.10% Cap Rate



Investment Highlights
- Surrounded by over 186,000 residents with an average household income above $113,000 within two miles and 1,043,000 residents within five miles
- Positioned on Springfield Boulevard, the property benefits from high visibility and convenient access
- The property is a short walk to the Springfield Blvd/111 Rd bus stop, linking the site to major nodes such as Flushing and Jamaica
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
27,797 SF
Building Class
B
Year Built/Renovated
2018/2019
Price
$12,875,000
Price Per SF
$463.18
Cap Rate
6.10%
NOI
$784,810
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.32 AC
Zoning
R3-2, C2-3
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Gersh Academy
- Administrative and Support Services
- -
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Gersh Academy | Administrative and Support Services | - | $9.99 | Lorem Ipsum | - |
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 11231-0246 | Improvements Assessment | $1,551,490 |
| Land Assessment | $538,200 | Total Assessment | $2,089,690 |
Property Taxes
Parcel Number
11231-0246
Land Assessment
$538,200
Improvements Assessment
$1,551,490
Total Assessment
$2,089,690
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113-05 Springfield Blvd
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