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Executive Summary

LOWERED PRICE - NEW BROKER
CAP RATE SIGNIFICANTLY IMPROVED FOR QUICK SALE
Absolute Triple Net
Walgreens Corporate Guarantee
Guaranteed NNN Rent: $91,362. / Month NNN
High Income Area: Avg. Household Income $130,308.!!
180' Frontage On Cross Bay Blvd
30,000 + Cross Bay Blvd. Daily Vehicle Traffic Count
Approximately 42 Parking Spaces
Additional 23,575 Buildable SF
Single Sub-Tenant Key Food has spent Heavily on Renovations, Signaling Strong Store erformance.
Current Lease Term till Oct 31, 2028, w/ 2 Ten-Year Options

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,724 SF
Year Built/Renovated
2009/2013
Cap Rate
10.69%
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.77 AC
Zoning
C2-2, R2, R3-1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Capital One
Santander
Flagstar
Td Bank
Launch Family Entertainment
Tiger Schulmann's Martial Arts
Key Food
Planet Fitness
Orangetheory Fitness
Club Pilates

Property Taxes

Property Taxes

Parcel Number
14076-0118
Land Assessment
$631,092 CAD
Improvements Assessment
$4,448,471 CAD
Total Assessment
$5,079,563 CAD
  • Listing ID: 41319297

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 163-30 Cross Bay Blvd, Queens, NY 11414

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