75-43 Parsons Blvd Queens, NY 11365
- Retail properties
- 14,784 SF
Current Use by Public Records
- Faith Bible Church / Church Of Christ / Church
Property Details for 75-43 Parsons Blvd
- Year built
- 2010
- Property size
- 14,784 SF
- Property type
- Retail properties
- Property subtype
- Freestanding property
Description
This exceptional multi-tenant retail building, located at 75-43 Parsons Blvd in Queens, NY 11365, presents a compelling investment opportunity. Boasting a total of 14,784 square feet, the property is currently 100% occupied and features a diverse tenant mix. The ground floor comprises three retail stores totaling 3,355 square feet, benefiting from excellent street visibility and high pedestrian traffic. The second floor offers 5,748 square feet, currently leased to a daycare center, providing ample space for office or community use. The third floor encompasses 5,613 square feet of space, currently leased to a church, and can be delivered vacant. Built in 2010, the building is zoned R4, C2-2, allowing for a range of commercial and residential uses. A private parking lot adds significant value and convenience. The property's prime location in Fresh Meadows, near Queens College, multiple bus stops, and surrounded by national retailers, ensures consistent high traffic and accessibility. This fully occupied, income-generating asset offers a strong return on investment and significant potential for future growth. The asking price is $6,880,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.789
- Latitude
- 40.7422
