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Multi-Tenant Shopping Center
New
For Sale
$9,300,000

108-01 Atlantic Avenue, Richmond Hill, NY 11418

The center includes customer parking, a Dollar Tree anchor, a laundromat, and a pharmacy.

Property SizeContact for details
Days on Market4

Property Features for 108-01 Atlantic Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2017
Stories 1
Listing Agency: RE/MAX Team
Listed By: Victor Weinberger (VWremax@gmail.com)
Source: Anapolitano
Added: Sep 1 Last Checked: Sep 2 at 6:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Team

Investment Insights

Based on property information with market context.

Built in 2017, this shopping center contains 15,000 square feet on a nearly 20,000-square-foot lot. The property includes a Dollar Tree anchor alongside a laundromat and pharmacy, creating a mix of retail and service-oriented uses within the center. Customer parking is provided in an on-site lot.

The property is located at 108-01 Atlantic Avenue in Richmond Hill, NY 11418, on a commercial street. In addition to the existing improvements, the property has over 45,000 square feet of undeveloped air rights, providing a substantial additional development component for evaluation.

Key Highlights

  • 15,000 SF shopping center on a nearly 20,000 SF lot
  • Built in 2017
  • Dollar Tree serves as the anchor tenant

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,726
Businesses Nearby
204k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 20% Groceries 15% Electronics 7%
Golden Farms Groceries
19,299 visits/mo 0.4 miles
BP Shops & Services
19,220 visits/mo 0.5 miles
Capital One Bank Shops & Services
18,839 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
17,803 visits/mo 0.3 miles
Chase Bank Shops & Services
17,351 visits/mo 0.3 miles

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - The center includes customer parking, a Dollar Tree anchor, a laundromat, and a pharmacy.
Where is this shopping center located?
The property is located at 108-01 Atlantic Avenue Richmond Hill, NY.
What is the asking price?
The asking price for this property is $9,300,000.
What are key features of this property?
This property features: 15,000 SF shopping center on a nearly 20,000 SF lot; Built in 2017; Dollar Tree serves as the anchor tenant
More about this property
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