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150-07 14th Avenue_Citizen's Bank 15007 14th Ave 4,000 SF Retail Building Whitestone, NY 11357 $4,058,413 CAD ($1,014.60 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Located in one of Queens’ most desirable residential neighborhoods.
- Low commercial vacancy and limited competing supply.
- Stable in-place income with long-term rent growth potential.
- Strong household incomes and stable local demographics.
- Excellent access to the Whitestone Expressway and Whitestone Bridge.
- Strong long-term capital preservation opportunity.
Executive Summary
150-07 Fourteenth Avenue is strategically located in Whitestone, one of Queens’ most affluent and supply-constrained neighborhoods.
The property benefits from strong residential demographics, low commercial vacancy, and consistent local consumer demand, supporting long-term investment stability.
Positioned near the Whitestone Expressway and Whitestone Bridge, the asset offers excellent regional connectivity throughout Queens and the greater New York metropolitan area.
With limited competing inventory and strong neighborhood fundamentals, the property presents an attractive opportunity for stable income an long-term rent growth.
The property benefits from strong residential demographics, low commercial vacancy, and consistent local consumer demand, supporting long-term investment stability.
Positioned near the Whitestone Expressway and Whitestone Bridge, the asset offers excellent regional connectivity throughout Queens and the greater New York metropolitan area.
With limited competing inventory and strong neighborhood fundamentals, the property presents an attractive opportunity for stable income an long-term rent growth.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,000 SF
Year Built
1951
Price
$4,058,413 CAD
Price Per SF
$1,014.60 CAD
Cap Rate
5.25%
NOI
$213,067 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.53
Lot Size
0.06 AC
Zoning
R3-2
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04518-0058 | Improvements Assessment | $567,684 CAD |
| Land Assessment | $124,520 CAD | Total Assessment | $692,204 CAD |
Property Taxes
Parcel Number
04518-0058
Land Assessment
$124,520 CAD
Improvements Assessment
$567,684 CAD
Total Assessment
$692,204 CAD
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150-07 14th Avenue_Citizen's Bank | 15007 14th Ave
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