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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

222-14 Linden Blvd Queens, NY 11411

10,000 SF Built 1948
Property ID
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire a 10,000-square-foot vacant retail property situated on a 20,460-square-foot lot in Queens, NY. Located at 222-14 Linden Boulevard in Cambria Heights, this single-story building boasts a full blockfront presence on Linden Boulevard, offering 200 feet of prime frontage. The property, formerly occupied by Rite Aid for over 25 years, includes a substantial 30-car parking lot, a rare amenity in this area. The building features two curb cuts on Linden Boulevard, providing excellent accessibility. A significant advantage is the inclusion of a full 10,000-square-foot lower level with 9-foot ceilings, complete with an existing conveyor belt system. The property is fully sprinklered and zoned R3-2/C1-4. Built in 1948, this is a value-add opportunity for an owner-user, providing control of an entire blockfront in a thriving residential neighborhood. The location is highly desirable, directly across from Oak Street Health and near other major retailers such as McDonald's, Dunkin' Donuts, CVS, KFC, Speedway, and Food Bazaar. The asking price is $5,200,000, translating to $520 per square foot. The property will be delivered vacant on May 16, 2024. This is a truly exceptional opportunity to own a significant retail presence in a high-traffic area of Queens.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1948
Total area 10,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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