92-77 Queens Blvd | Rego Park, NY 11374
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- LoopNet Team
92-77 Queens Blvd
Rego Park, NY 11374
100% Net Leased Mixed Use Building · Hospitality Property For Sale
·
61,780 SF
INVESTMENT HIGHLIGHTS
- 50-key hotel and the retail component of Retro Fitness, Starbucks, and the parking garage
- The property benefits from a strong tenant roster, with Retro Fitness and Starbucks both having long-term leases in place.
- The current net operating income (NOI) is approximately $2,540,000 and the property is well-positioned to benefit from the strong demand for retail
- highly visible corner lot with excellent frontage on Queens Boulevard, a major thoroughfare in the area.
- Community Housing occupies 19,000± square feet and recently signed a 10-year lease with options.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2016 |
| Building Class | B | Parking Ratio | 0.18/1,000 SF |
| Lot Size | 0.48 AC | Corridor | Interior |
| Building Size | 61,780 SF | ||
| Zoning | R7-1 - N/A | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.48 AC |
| Building Size | 61,780 SF |
| No. Stories | 4 |
| Year Built | 2016 |
| Parking Ratio | 0.18/1,000 SF |
| Corridor | Interior |
| Zoning | R7-1 - N/A |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 02075-0039 | Improvements Assessment | $7,686,765 |
| Land Assessment | $1,417,229 | Total Assessment | $9,103,994 |
PROPERTY TAXES
Parcel Number
02075-0039
Land Assessment
$1,417,229
Improvements Assessment
$7,686,765
Total Assessment
$9,103,994
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