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11624 Metropolitan Ave Richmond Hill, NY 11418

For Sale
$6,830,629

100% occupied, net-leased investment with established tenants.

Property size:
6,584 SF
Lot size:
0.40 Acres

Property Features for 11624 Metropolitan Ave

General Information

Size
6,584 SF
Lot size
0.40 Acres

Source: NNN Pro Group Agent James Ventura

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Net-Leased Investment

This is a fully occupied, net-leased investment property featuring two established tenants. The property offers a passive investment opportunity for landlords. TD Bank National Association, with nearly 25 years of occupancy, provides a corporate guarantee for their lease. The bank branch has deposits of $195,124,000, demonstrating market strength. This represents a 17% year-over-year increase and is the second-highest deposit amount among all banks in the zip code. The property size is 6,584 square feet and is located in Richmond Hill, NY.
Location Intelligence

Current Use by Public Records

Metropolitan Ent Care ... Otolaryngologist Lawrence Blum Ophthalmologist Dr. Lawrence R. ... Optometrist ATM (TD Bank) Atm

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Richmond Hill
County
Queens
State
New York
Longitude
-73.83583
Latitude
40.707183

FAQs

What type of property is this?
Bank - 100% occupied, net-leased investment with established tenants.
Where is this bank located?
The property is located at 11624 Metropolitan Ave Richmond Hill, NY.
What is the asking price?
The asking price for this property is $6,830,629.
What are key features of this property?
This property features: - TD Bank Corporate Guaranty: Lease is corporately guaranteed by TD Bank National Association.; - Fully Occupied, Stabilized Investment: 100% occupied with established tenants, offering a passive investment.; - High TD Bank Deposits: Impressive deposit amount of $195,124,000 at this branch.
More about this property
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