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15705 Cross Bay Blvd
Jamaica, NY 11414
Retail Property For Sale
Executive Summary
Meridian Investment Sales is pleased to present exclusively for sale for the first time in over 50 years,
157-05 & 07 Cross Bay Boulevard, a 33,600 square foot two-story retail property occupied by two
long-term tenants. Located in the Howard Beach neighborhood of South Queens, the property offers
a prime corner location, 100% occupancy, attractive frontage, and a double-net recovery structure
across both tenancies.
157-05 & 07 Cross Bay Boulevard, a 33,600 square foot two-story retail property occupied by two
long-term tenants. Located in the Howard Beach neighborhood of South Queens, the property offers
a prime corner location, 100% occupancy, attractive frontage, and a double-net recovery structure
across both tenancies.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
33,600 SF
Building Class
B
Year Built
1961
NOI
$1,033,470 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.76 AC
Zoning
R3-1 - Low density residential district
Frontage
190’ on Crossbay Blvd
Property Taxes
| Parcel Number | 14152-0060 | Improvements Assessment | $4,289,846 CAD |
| Land Assessment | $527,552 CAD | Total Assessment | $4,817,398 CAD |
Property Taxes
Parcel Number
14152-0060
Land Assessment
$527,552 CAD
Improvements Assessment
$4,289,846 CAD
Total Assessment
$4,817,398 CAD
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