90-43 Springfield Blvd
Queens Village, NY 11427
Retail Property For Sale

The subject property is a two-story mixed use building located between Hillside Avenue and Jamaica Avenue. The property benefits from its proximity to several MTA bus lines & LIRR Stations, as well as the Grand Central and Cross Island Parkways. The building includes an office on the ground floor, and two apartments on the second floor. State Farm has put many improvements into the building including complete renovations and a new HVAC system. State Farms lease option allows them to occupy the space until 2037. The two apartments are occupied by SEPS program tenants with NYC covering 82% of the rent. Their lease is renewed annually with guaranteed rent. The building is fully sub metered for gas and electric. The property includes a full basement with a large yard area for possible expansion.