Free-Standing Post Office
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120-07 15th Ave, College Point, NY 11356
Free-standing commercial building occupied by a US Post Office under a long-term NNN lease.
Property Size6,853 SF
Lot Size0.23 Acres
Days on Market121
Property Features for 120-07 15th Ave
General Information
Standard status
Active
Size
6,853 SF
Lot size
0.23 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listed By:
DAVID CHKHEIDZE · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 12:43AM
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 DAVID CHKHEIDZE
Investment Insights
Based on property information with market context.
The property is a free-standing commercial building occupied by a U.S. Post Office on a NNN basis. The site includes the structure and parking area, with approximately 10,000 SF total, and a site size of 100 x 100. The area breakdown includes 6,853 SF of net total interior space, 740 SF of exterior platform and ramp, 1,521 SF of exterior parking for USPS trucks, 591 SF cellar space, and 400 SF additional courtyard space.
The building is located on a busy intersection of 15th Avenue and 120th Street in College Point, Queens, NY. The property is fully occupied and used by the Post Office.
The initial lease term began March 1, 2018 and ends February 28, 2023, with an annual rent of $185,031.00. Rent increases beginning March 1, 2023 through February 29, 2028 to $196,133.86 annually. A renewal option is also included, allowing renewal through February 28, 2033 at an annual rent of $215,745.00.
The building is located on a busy intersection of 15th Avenue and 120th Street in College Point, Queens, NY. The property is fully occupied and used by the Post Office.
The initial lease term began March 1, 2018 and ends February 28, 2023, with an annual rent of $185,031.00. Rent increases beginning March 1, 2023 through February 29, 2028 to $196,133.86 annually. A renewal option is also included, allowing renewal through February 28, 2033 at an annual rent of $215,745.00.
Key Highlights
- Free‑standing commercial building occupied by a US Post Office on a long‑term NNN lease
- Approximately 10,000 SF site on a 100 x 100 lot; fully occupied and used by the Post Office
- Net interior area totals 6,853 SF, with additional 740 SF exterior platform and ramp and 591 SF cellar
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,671
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Free-standing commercial building occupied by a US Post Office under a long-term NNN lease.
Where is this nnn property located?
The property is located at 120-07 15th Ave College Point, NY.
What are key features of this property?
This property features: Free‑standing commercial building occupied by a US Post Office on a long‑term NNN lease; Approximately 10,000 SF site on a 100 x 100 lot; fully occupied and used by the Post Office; Net interior area totals 6,853 SF, with additional 740 SF exterior platform and ramp and 591 SF cellar
