2130973
b7ce8dd6-ddad-4563-83b7-1374218c3f0d
us/ny/queens
120-07 15TH AVENUE, COLLEGE POINT, QUEENS
120-07 15TH AVENUE, Queens, NY 11356
The subject property is a Free Standing Commercial Building, occupied by US Post Office on a NNN Basis. The property is located on a busy intersection of 15th Avenue and 120th street, College Point, Queens, NY. The Subject property including the structure and parking area is approximately 10,000 SF, Lot Dimensions are: 100 x 100 and entire site is occupied and used by the Post Office on a Long Term Lease. Breakdown of all property areas: Net Total Interior - 6,853 SF, Exterior, Platform and Ramp - 740 SF, Exterior Parking for USPS Trucks- 1,521 SF, Cellar - 591 SF, Additional Court Yard - 400 SF.
Initial Lease start date: Beginning March 01, 2018 and Ending February 28, 2023 at Annual Rate: $ 185,031.00. There will be an increase in rent Beginning March 01, 2023 and Ending February 29, 2028 at Annual Rate: $196,133.86. Additionally to the existing Lease, there is a Renewal Option, The Lease may be renewed at the option of the Postal Service, at following terms and the following Annual Rents: Effective Date March 01, 2028. Expiration Date: February 28, 2033. Per Annum Rental $215,745.00
Long Term tenancy and an excellent location, the property pose a rare and special opportunity for long term investors and for 1031 exchange buyers.
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Contacts

David Chkheidze
Yangzi International Realty
(917) 500-4877
Building Details
- For Sale $4,500,000
- Property Type Retail - Post Office
- Property Size 6,853 SF
- Lot Size 10,000 SF
- # of Floors 1
- Property Tenancy Single Tenant
- Year Built 1951
- Date Updated Oct 21, 2022
Attachments
Getting Around
-
Walk Score ®
Walker's Paradise (90) -
Transit Score ®
Good Transit (57) -
Bike Score ®
Somewhat Bikeable (45)
Location
- City Queens, NY
- Neighborhood College Point
- Zip Code 11356
Points of Interest
Transportation
7 Train Stair Entrance
1.93 miles
7 Train Stair Entrance
1.93 miles
Flushing–Main Street
1.94 miles
7 Train Escalator Entrance
1.95 miles
Mets–Willets Point
2.06 miles
Murray Hill
2.27 miles
111th Street
2.29 miles
103rd Street–Corona Plaza
2.52 miles
Junction Boulevard
2.70 miles
Broadway
2.85 miles
Fuel station
Mobil
1.31 miles
Gulf
1.48 miles
Sunoco
1.56 miles
Mobil
1.67 miles
BP
1.83 miles
Shell Gas Station
1.86 miles
Mobil
1.92 miles
Exxon
2.00 miles
Mobil
2.00 miles
Shell
2.14 miles
Parking
Daily Parking - Terminal C
1.38 miles
For-Hire Vehicle Holding Lot LGA Airport
1.53 miles
Airpark
1.55 miles
Terminal B Parking Garage
1.64 miles
Flushing #2 Municipal Parking Field
1.86 miles
Bus Parking
1.87 miles
P10 Terminal B Wait Area and Employee Parking
1.98 miles
百利停车场
2.05 miles
Terminal A Parking
2.18 miles
Lot D
2.18 miles
Stores
All Nations Food Market
0.20 miles
City Fresh Market
0.21 miles
ShopRite
0.64 miles
Target
0.74 miles
TJ Maxx
0.83 miles
Stop & Shop
1.26 miles
H Mart
1.37 miles
Jumbo 99 Cent Discount
1.77 miles
Hong Kong Supermarket
1.82 miles
KW Supermarket
1.84 miles
Contact Listing Broker

David Chkheidze
Yangzi International Realty
(917) 500-4877