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15705 Cross Bay Blvd 33,600 SF 100% Leased Retail Building Jamaica, NY 11414 For Sale
Executive Summary
Meridian Investment Sales is pleased to present exclusively for sale for the first time in over 50 years,
157-05 & 07 Cross Bay Boulevard, a 33,600 square foot two-story retail property occupied by two
long-term tenants. Located in the Howard Beach neighborhood of South Queens, the property offers
a prime corner location, 100% occupancy, attractive frontage, and a double-net recovery structure
across both tenancies.
157-05 & 07 Cross Bay Boulevard, a 33,600 square foot two-story retail property occupied by two
long-term tenants. Located in the Howard Beach neighborhood of South Queens, the property offers
a prime corner location, 100% occupancy, attractive frontage, and a double-net recovery structure
across both tenancies.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
33,600 SF
Building Class
B
Year Built
1961
NOI
$750,196
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.76 AC
Zoning
R3-1 - Low density residential district
Frontage
190’ on Crossbay Blvd
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14152-0060 | Improvements Assessment | $3,114,000 |
| Land Assessment | $382,950 | Total Assessment | $3,496,950 |
Property Taxes
Parcel Number
14152-0060
Land Assessment
$382,950
Improvements Assessment
$3,114,000
Total Assessment
$3,496,950
Contacts
-
David Schechtman -
Lipa Lieberman -
Jonathan Schwartz -
Henry Barnathan -
Ryan Windus -
Meridian Capital Group, LLC
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15705 Cross Bay Blvd
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