Vacant 10,000 SF Retail + Parking Lot | 222-14 Linden Blvd
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Vacant 10,000 SF Retail + Parking Lot 222-14 Linden Blvd
10,000 SF Retail Building Cambria Heights, NY 11411 £4,078,932 (£408/SF)
Investment Highlights
- 10,000 SF Single-Story Retail Property Delivered Vacant
- Had Been Occupied for 25+ Years by Rite Aid
- Property Has a 10,460 SF Parking Lot - Approximately 30 Cars
- Rare Queens User Opportunity With a Full Dedicated Parking Lot
Executive Summary
The subject offering is a 10,000 SF single-story retail property located on Linden Boulevard in Cambria Heights (Queens), NY. The property rests on a 20,460 SF lot (200 x 105), and it occupies the entire blockfront on Linden Boulevard from 222nd Street to 223rd Street. Formerly occupied by Rite Aid, who just recently vacated, the site has a 30-car parking lot. The property will be delivered fully vacant.
The offering has two curb cuts, both on Linden Boulevard. The site is fully sprinklered, and there is a full 10,000 SF lower level with 9-foot ceilings. The conveyor belt system, which moves inventory to and from the lower level, is still in place. This is the unique opportunity to acquire a 10,000 SF vacant retail property with a full parking lot in Queens. The site is ideal for a user/value-add investor, and it is an opportunity to control an entire blockfront in Queens with 200 feet of frontage on the main thoroughfare in Cambria Heights.
Cambria Heights is a residential neighborhood in South Queens. It is one of them most eastern parts of Queens, bordering with Elmont (Nassau County- Long Island). This site is directly across the street from Oak Street Health (CVS), and it has down the street from retailers such as McDonald’s, Dunkin Donuts, CVS, KFC, Speedway (7-Eleven), KFC and Food Bazaar.
The offering has two curb cuts, both on Linden Boulevard. The site is fully sprinklered, and there is a full 10,000 SF lower level with 9-foot ceilings. The conveyor belt system, which moves inventory to and from the lower level, is still in place. This is the unique opportunity to acquire a 10,000 SF vacant retail property with a full parking lot in Queens. The site is ideal for a user/value-add investor, and it is an opportunity to control an entire blockfront in Queens with 200 feet of frontage on the main thoroughfare in Cambria Heights.
Cambria Heights is a residential neighborhood in South Queens. It is one of them most eastern parts of Queens, bordering with Elmont (Nassau County- Long Island). This site is directly across the street from Oak Street Health (CVS), and it has down the street from retailers such as McDonald’s, Dunkin Donuts, CVS, KFC, Speedway (7-Eleven), KFC and Food Bazaar.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
1948
Price
£4,078,932
Price Per SF
£408
Tenancy
Single
Number of Floors
1
Building FAR
0.48
Land Acres
0.48 AC
Zoning
R3-2
Parking
3 Spaces per 1,000 SF Leased
Frontage
200 ft on Linden Blvd
Amenities
- Bus Route
- Signage
- Signalised Intersection
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
Parcel Number | 12739-0001 | Improvements Assessment | £451,185 |
Land Assessment | £216,732 | Total Assessment | £667,917 |
PROPERTY TAXES
Parcel Number
12739-0001
Land Assessment
£216,732
Improvements Assessment
£451,185
Total Assessment
£667,917
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Vacant 10,000 SF Retail + Parking Lot | 222-14 Linden Blvd
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