347-865-2945
134-10-134-12 Atlantic Ave, Jamaica, NY for Sale
Warehouse - FOR SALE
1/3
null | Request Cap Rate

134-10-134-12 Atlantic Ave
Jamaica, NY 11419


OVERVIEW

DY Realty Group LLC has been exclusively retained for the sale of this rare industrial-to-retail investment opportunity in South Richmond Hill, Queens. This unique assemblage features 24,045 sf of total building area, consisting of: • 7,685 sf at Atlantic Avenue & 134th Street • 16,360 sf spanning from Atlantic Avenue through 95th Avenue • Additionally, there is 4,540 sf of paved and fenced yard space The entire property is NNN leased to Elite Mitsubishi, which operates its Sales, Service, and Parts Department on-site. The lease has approximately 5 years and 8 months remaining on the lease term with 3% annual escalations. The tenant pays 100% of real estate taxes, insurance, and operating expenses. There is also an opportunity for additional upside with 2,470 SF of second-floor flex space that is currently vacant. Strategically positioned on a high-traffic thoroughfare, this property offers exceptional visibility and accessibility along Atlantic Avenue and the Van Wyck Expressway, with a daily traffic count exceeding 51,000 vehicles. The location provides direct access to key arteries in Brooklyn and Queens, connecting to the Van Wyck Expressway near JFK Airport.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

M1-1, R5, R4A, C2-3

APN/PARCEL ID

09450-0030,09450-0034

ASK ABOUT THIS PROPERTY

Kris JimenezDY Realty GroupMore Info
347-865-2945

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Kris JimenezDY Realty GroupMore Info
347-865-2945

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.