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Shopping Strip

Springfield Blvd

113-05 Springfield Blvd, Queens, NY 11429

Listing Price: $11,950,000

Cap Rate
6.57%
Gross SF
27,797
Rentable SF
27,797
Price/Gross SF
$429.90
Lot Size
0.25 acres
Year Built
2019

Investment Overview

113-05 Springfield Boulevard is a fully occupied, newly constructed building located in the heart of Queens Village. Anchored by Retro Fitness and Gersh Academy, the property sits on the corner of a prominent four-way intersection and is within walking distance to multiple bus and subway stops.

Investment Highlights

  • Surrounded by a population of over 186,000 residents with an average household income above $113,000 within two miles and 1,043,000 residents within five miles
  • The property is a short walk to the Springfield Blvd/111 Rd bus stop, served by MTA routes like the Q27 and Q83, linking the site to major nodes such as Flushing and Jamaica
  • Positioned on Springfield Boulevard, a major Queens retail corridor with strong daily traffic and neighborhood presence, the property benefits from high visibility and convenient access

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    New York City

Financing By

Shopping Strip

Springfield Blvd

Listing Price: $11,950,000

Cap Rate
6.57%
Gross SF
27,797
Rentable SF
27,797
Price/Gross SF
$429.90
Lot Size
0.25 acres
Year Built
2019

Investment Highlights

  • Surrounded by a population of over 186,000 residents with an average household income above $113,000 within two miles and 1,043,000 residents within five miles
  • The property is a short walk to the Springfield Blvd/111 Rd bus stop, served by MTA routes like the Q27 and Q83, linking the site to major nodes such as Flushing and Jamaica
  • Positioned on Springfield Boulevard, a major Queens retail corridor with strong daily traffic and neighborhood presence, the property benefits from high visibility and convenient access

Investment Overview

113-05 Springfield Boulevard is a fully occupied, newly constructed building located in the heart of Queens Village. Anchored by Retro Fitness and Gersh Academy, the property sits on the corner of a prominent four-way intersection and is within walking distance to multiple bus and subway stops.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    New York City

Financing By

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