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120-20 Merrick Blvd
Jamaica, NY 11434

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,400 SF
Building Class
C
Year Built
1991
Tenancy
Multiple
Number of Floors
1
Building FAR
0.32
Lot Size
0.38 AC
Zoning
R5B / C1-3
Frontage
195 ft on Merrick Blvd

About 120-20 Merrick Blvd , Jamaica, NY 11434

Team Preuss of Cushman & Wakefield has been retained on an exclusive basis for the sale of 120-20 Merrick Boulevard in Jamaica, Queens. The subject property is a fully-leased shopping center with a large parking lot in front of the building, and it is located at the busy traffic light intersection of Merrick & Baisley Boulevard with ~280’ of linear frontage. The property is anchored by a restaurant which has the largest space in the building leased until 2028, and it is complimented by H&R Block and a Beauty Salon which have both been in the building for nearly twenty (20) years. The tenant roster also includes two successful neighborhood salons. The tenants cover all of their own utilities, as well as common area maintenance, snow removal and a portion of the real estate taxes. Additionally, the attached lot provides opportunity for additional development / extension of existing building. The lot is currently used for parking. Site inspections are by appointment only. For additional information about this unique opportunity, please inquire within.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12392-0043
Land Assessment
£222,771
Improvements Assessment
£376,736
Total Assessment
£599,506
  • Listing ID: 14749631

  • Date on Market: 02/01/2019

  • Last Updated:

  • Address: 120-20 Merrick Blvd, Jamaica, NY 11434

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