162-25 Liberty Ave
Jamaica, NY 11405
Liberty Merrick Plaza · Retail Property For Sale

Keller Williams Realty Landmark is pleased to offer the following opportunhity in Jamaica, Queens, NY. The property is located at Liberty Avenue and Merrick Blvd ( Black:10115 Lot:69). The building is a 4,650 square foot one-story retail strip center with 15 parking spots sitting on a 7,000 square foot lot and was constructed in 2005. This property features 4 retail stores occupied by national tenants Popeye, Dunkin Donut, Deli, Vacant. There are 12 years remaining on an ICIP tax abatement in place. The owner of this property will have a stable annual net income of $220 and an attractive CAP rate of 6.15%. The property is just blocks away from CUNY York College and is also close to Jamaica Station, The property features high traffic from Liberty Avenue and Merrick Blvd.