39,815 SF Retail Condominium For Sale
Market Price
90-02 Queens Boulevard, Queens, NY 11373
1,363,612
NOI
39,815 sqft
Building Size
Details:
Description:
Kassin Sabbagh Realty (KSR) has been tasked exclusively with the sale of 90-02 Queens Boulevard, Queens NY. Unit C2, comprising 39,815 square feet on the ground floor, is currently leased to NYC Health and Hospitals Corp. for an 18-year term, generating an annual rent of $1,480,000 for 39,815 square feet of space.
This property benefits from a 15-year ICAP tax abatement, scheduled to expire in June 2034, offering potential savings on property taxes. Additionally, its strategic location provides easy access to public transportation, with the E, M, and R trains available at the nearby Woodhaven Boulevard station, just one block east of the property. Adjacent to Queens Center Mall (one of the highest grossing malls in the country
Documents:
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Offering Memorandum
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Location
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