Urban-High Street
Three-Tenant Prime Junction Blvd Retail
35-38 Junction Blvd, Corona, NY 11368
Listing Price: $6,830,000
Investment Overview
The subject offering is an 8,100-square-foot, three-unit ground floor retail condo located at the base of an 83-unit, seven-story condominium building on Junction Boulevard in Corona (Queens). The property has 65 feet of contiguous retail frontage on Junction Blvd, one of the best and most heavily traveled retail corridors in all of Queens.
The property is 100 percent occupied with three tenants. All three tenants have long-term leases, three percent annual increases and they all reimburse for their proportionate shares of real estate taxes. The offering consists of three separate tax lots, and three separate condo units.
The property is located just two blocks from the Junction Blvd Subway Station (7 Train) on the corner of Junction Blvd and Roosevelt Avenue, a street lined with national retail tenants.
Three-Tenant Prime Junction Blvd Retail
Investment Highlights
- An 8,100 SF Ground Floor Retail Condominium at Base of 83-Unit Residential Building. 100 Percent Occupied With Three Tenants on Long-Term Leases.
- Situated on One of Queens' Busiest Retail Corridors with Strong Foot Traffic. Located Two Blocks From Junction Blvd Subway Station (7 Train)
- 65 Feet of Retail Frontage on One of Queens' Best Retail Streets. All Tenants Have 3% Annual Increases and Reimburse for Pro Rata Share of Taxes.
Exclusively Listed By
Listing Price: $6,830,000
Investment Highlights
- An 8,100 SF Ground Floor Retail Condominium at Base of 83-Unit Residential Building. 100 Percent Occupied With Three Tenants on Long-Term Leases.
- Situated on One of Queens' Busiest Retail Corridors with Strong Foot Traffic. Located Two Blocks From Junction Blvd Subway Station (7 Train)
- 65 Feet of Retail Frontage on One of Queens' Best Retail Streets. All Tenants Have 3% Annual Increases and Reimburse for Pro Rata Share of Taxes.
Investment Overview
The subject offering is an 8,100-square-foot, three-unit ground floor retail condo located at the base of an 83-unit, seven-story condominium building on Junction Boulevard in Corona (Queens). The property has 65 feet of contiguous retail frontage on Junction Blvd, one of the best and most heavily traveled retail corridors in all of Queens. The property is 100 percent occupied with three tenants. All three tenants have long-term leases, three percent annual increases and they all reimburse for their proportionate shares of real estate taxes. The offering consists of three separate tax lots, and three separate condo units. The property is located just two blocks from the Junction Blvd Subway Station (7 Train) on the corner of Junction Blvd and Roosevelt Avenue, a street lined with national retail tenants.
Exclusively Listed By
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