Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Existing Tenant-Met Fresh Supermarket
  • Long-term NNN lease w/ 10yr option
  • Prime Corner Location

Executive Summary

Discover an exceptional investment opportunity in this meticulously maintained 12,000
SF building at 2407-2411 150th Street, Whitestone, NY, 11357. Boasting a prime corner location, this property features a single unit occupied by the Met Fresh Supermarket under a long-term NNN lease with a 10-year option. Built in 2019 and benefiting from
100% occupancy, this high-visibility retail space presents a strong addition to any investor's portfolio. Zoned R3-1 C1-2, this property offers a lucrative prospect for retail/street retail investors seeking a stable and rewarding asset in the dynamic Northeast Queens market.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
12,000 SF
Building Class
B
Year Built
2019
NOI
$520,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.30 AC
Zoning
R3-1 C1-2 - R3-1 contextual districts are the lowest density districts that allow semi-detached one- and two-family residences, as well as detached homes.
Frontage
127’ on WILLETS POINT BLVD

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 12,000 SF
  • $45.00
  • Triple Net
  • Mar 2039

Offering quality food and great variety for more than 45 years, Met Foodmarkets are independently owned and operated stores in New York City, Long Island and New Jersey. These neighborhood stores offer a robust variety of grocery and fresh products for the mainstream, price-conscious consumer. As sales, retail offerings and consumer interest in organic products have all grown, Met Fresh, a younger version of its legacy banner name, meets the demand. The Met Fresh format offers larger produce and perimeter services in conjunction with traditional product assortments for the health-conscious consumer.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 12,000 SF $45.00 Triple Net Mar 2039
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Citi
Ridgewood Savings Bank
Capital One
Santander
Starbucks
Td Bank
Chase Bank
Bank of America
Flushing Bank
Flagstar

Property Taxes

Property Taxes

Parcel Number
04695-0001
Land Assessment
$279,000
Improvements Assessment
$1,422,900
Total Assessment
$1,701,900
  • Listing ID: 31050325

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 2407-2411 150th St, Whitestone, NY 11357

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}