NNN Grocery Store in Sunnyside

For Sale - 41-25 GREENPOINT AVENUE- Queens - Sunnyside

$8,750,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Commercial
Neighborhood
Sunnyside
Property Dimensions
128.0 x 104.0
Property Area
11,000 sq.ft.
Total Units:
1
Stories:
1
NOI
Contact Agent
Price
$8,750,000
Price Per Unit
$8,750,000
Cap Rate
-%

Listing Description

Team Preuss of Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 41-25 Greenpoint Avenue in Sunnyside, Queens. The property is a single-story retail property comprised of ~11,000 SF with significant air rights. The subject property is currently leased on a ‘NNN’ basis to a C-Town grocery store which has been deemed an essential business by the New York State Government. The underlying zoning for this property is R6A, C1-4 which offers a total of ~44,000 BSF as-of-right for future mixed-use development. Reach out to the exclusive brokers for more information.

Property Details

Block/Lot:
196/42
Lot Dimensions
128.17 x 104.75
Lot Area
14,650 sq.ft
Zoning:
R6A
FAR as Built:
3
Max FAR:
3.0
Stephen PreussCushman & Wakefield
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
43-24 QUEENS BOULEVARD$9,900,00005/07/2018Commercial
44-02 48TH AVENUE$3,250,00005/01/2018Commercial
39-31 QUEENS BOULEVARD$3,900,00003/27/2018Commercial
38-04 48TH STREET$12,750,00001/10/2018Commercial
43-07 QUEENS BLVD-10/20/2015Commercial
40-18 GREENPOINT AVENUE$625,00009/02/2015Commercial
45-01 QUEENS BOULEVARD-06/18/2015Commercial
45-15 QUEENS BOULEVARD-06/18/2015Commercial
39-41 48TH AVENUE-06/12/2015Commercial
1212 VICTORY BOULEVARD$1,475,00006/02/2015Commercial