21795 Hempstead Avenue, Jamaica, NY 11429

Queens Village, Jamaica, New York 11429

$2,995,000   $2,895,000   NEW ASKING PRICE!

Listing ID Number

25440

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 21787-21795 Hempstead Avenue, Queens Village (Jamaica), Queens. Located on the northwest corner of Hempstead Avenue and 218th Street
21787-21795 Hempstead Avenue is a six-unit retail strip, currently with two vacancies. The existing tenants operate a restaurant, medical facility, juice bar, and real estate office with leases in place throuhh 2018 and 2020.
The building was recently built in 2009 with high-quality construction and is very well-maintained. The property enjoys approximately 50 feet of frontage on Linden Boulevard and over 85 feet of frontage on 190th Avenue. This corner also sees a tremendous average daily tra§c count of over 30,000 cars passing daily.
18930-18934 Linden Boulevard is located in proximity to the Queens Village LIRR train station which is located about a quarter-mile north, and the Q10, n1, and n6 bus lines are located just outside the property. As well, it is located close to multiple roadways including Jamaica Avenue, the Cross Island Parkway, and Springfield Boulevard.

Property inspections are by appointment only, please inquire within.

Overview

Building Type:Commercial Buildings
Block/Lot:10764/21
Lot Dimensions:76.89 x 88.26
approx.
Lot Sq Ft:6,320
approx.
Buildable Sq. Ft:6,320
max
Stories:1
Commercial Units:6
Zoning:R3-2 / C2-3
FAR:1.0
as of right / max
Year Built:1931
Building Sq Ft:6,000
approx.
Building Dimensions:76.89 x 88
approx.

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Vice Chairman
(718) 512 2118
stephen.preuss@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.