909 Cross Bay, Broad Channel, NY 11693

Building Details

Year Built 1960 More

Listing Agency: ZI Realty LLC u***@yahoo.com Show Phone

Listed By: Chahat K. Kapoor · License #10401377355 Show Phone

Source: Neilcharlesrealestate

Added: Oct 8 Changed: Nov 7 Last Checked: Nov 7 at 9:32AM

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Investment Insights

Based on property information with market context.

The offering includes a retail business and its lease. The lease has six years remaining and may be renewed for an additional 10 years once the license is in effect. Transfer of the lease is subject to terms agreed upon with the landlord. Inventory is sold separately.

Key Highlights

• Six years remaining on the lease
• Renewal for an additional 10 years once the license is in effect
• Lease transfer subject to terms agreed upon with the landlord

Property Analytics

Current Use

Broad Channel Wine ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

102

Businesses Nearby

Explore this area Business Placement

Demographics for 11693, NY

12,467

Population

5,850

Households

2.1

Avg Household Size

42

Median Age

36%

College-Educated

84%

High-School Grad

1.0 sq mi

ZIP Area

12,467

Density / Sq Mi

$67,829

Median Household Income

$47,632

Median Earnings

$1,198

Median Rent

$473,200

Median Home Value

Market

Average Price Trend$/SF for Retail space in Queens County, NY

$783 Jul

$1,133 Aug

$1,165 Sep

$903 Oct

Properties on Market for Retail space in Queens County

Jul

Aug

Sep

Oct

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

Frequently Asked Questions

What type of property is this?

Retail space - The lease has six years remaining and may be renewed for another decade once the license is in effect.

Where is this retail space located?

The property is located at 909 Cross Bay Broad Channel, NY.

What is the asking price?

The asking price for this property is $199,999.

What are key features of this property?

This property features: Six years remaining on the lease; Renewal for an additional 10 years once the license is in effect; Lease transfer subject to terms agreed upon with the landlord