Property Highlights
show additional details- $1,600,000
- Sale Price:
- $1,600,000
- Price/SF:
- Unlisted
- CAP Rate (%):
- 8
- NOI:
- $12,855,736
- Net Lease:
- Unlisted
- Gross Leasable Area (SF):
- 4,446
- Total Lot Size (SF):
- 7,144
- Occupancy (%):
- 100
- Population:
- 57,000-500,000
- Household Income:
- $40,000-$50,000
- Traffic Counts:
- 10,000-16,000
-
- County:
- Queens
- Zoning:
- Unlisted
- Market:
- Unlisted
- Submarket:
- Unlisted
- Lot:
- 4
- Block:
- 12538
- Building Size (SF):
- 4,446
- Net Rentable Area (SF):
- 4,446
- Number Of Floors:
- 1
- Number Of Units:
- 3
- Year Of Building:
- 2006
- Year Of Renovation:
- Unlisted
- Vacant SF (SF):
- 0
- Price/SF ($/SF):
- Unlisted
- Parcel Number:
- Unlisted
- Tenancy Type:
- Multi-Tenant
- Construction Status:
- Existing
- Construction Type:
- Concrete Block
- Sprinkler:
- Unlisted
- Owner Occupied:
- Unlisted
Property Description
129 Merrick Plaza is a 4,446 square foot one-story retail strip center on 7,144 square foot lot. The strip center is occupied for four retail tenants. There is a Twenty Five year ICIP tax abatement is in place for this property. Fifteen Years remaining.
Location Description
Superior Location
The strip center is located on an intersection of 130th Street and Merrick Boulevard. The strip center is surrounded by national and local retailers.
Strong Demographics
Jamaica Queens is located in south east of Queens County and is considered to be an established middle income area. The enclosed demographics indicate a one-mile radius population of 96,000 people with a median family income of $41,806.
Listing Attachments
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