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39-24/52 Queens Boulevard - Retail Co-op Master Lease 8,823 SF Retail Condo Unit Offered at $5,100,000 in Sunnyside, NY 11104
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
- 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
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3952 | 8,823 SF | Retail | $5,100,000 ($578.03/SF) | - |
Unit 3952
| Unit Size |
| 8,823 SF |
| Condo Use |
| Retail |
| Price |
| $5,100,000 ($578.03/SF) |
| NOI |
| - |
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Unit 3952
| Unit Size | 8,823 SF |
| Condo Use | Retail |
| Price | $5,100,000 ($578.03/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Entire block front with 200’ of prime Queens Boulevard retail frontage<br> </li><li> Retail Co-op Master Lease through 2038 with (5) ten-year renewal options<br> </li><li> 8,823 SF comprised of 12 retail units plus 12 basement storage units<br> </li><li> Steps to the 40th Street [7] train (15 minutes to Manhattan’s Grand Central Terminal)<br> Ideal long-term investment or 1031 exchange property</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 121,714 SF | Typical Floor Size | 20,286 SF |
| Property Type | Multifamily (Condo) | Year Built | 1922 |
| Property Subtype | Apartment | Lot Size | 0.70 AC |
| Building Class | C | Opportunity Zone |
Yes
|
| Floors | 6 | ||
| Zoning | R7A - Medium-density apartment house district with lower parking requirements | ||
| Total Building Size | 121,714 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 20,286 SF |
| Year Built | 1922 |
| Lot Size | 0.70 AC |
| Opportunity Zone |
Yes |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements |
Amenities
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- On-Site Retail
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
1 of 2
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
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39-24/52 Queens Boulevard - Retail Co-op Master Lease
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