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150-07 14th Ave. Whitestone, NY 11357

  • Address:

     150-07 14th Avenue, Whitestone, NY 11357

  • Tenant:  Citizens Bank

  • Lease Type:         Triple Net (NNN)

  • Cap Rate:            5.25%

  • Rental Rate:        $38.50/SF

  • Building Class:    Class C

  • Year Built:           1951

  • Land Area:           0.06 Acres

  • Land Size:            2,497 SF

  • FAR:       1.6

  • Zoning:  R3-2

  • Market: Whitestone, Queens


Investment Strengths


✔ Prime Whitestone, Queens location

✔ Affluent residential demographics

✔ Citizens Bank tenancy

✔ Triple Net (NNN) lease structure

✔ Low commercial vacancy environment

✔ Excellent regional transportation access

✔ Long-term rent growth potential

✔ Strong capital preservation characteristics

✔ Limited competing inventory



Contact Agent


Michelle Han

CEO

Cell. 1-201-704-8831


MICHELLE@RUNIPEX.COM



Bo Chae

Realtor

Cell. 1-201-889-2336


BOCHAE@RUNIPEX.COM




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ABOUT
international property exchange

IPEX is a premier, fully integrated International firm specializing in high-end commercial, residential, and joint venture real estate consulting services. Through its diverse business channels, it provides comprehensive and personalized services to its clients in New York and New Jersey. These include the sales of luxury apartments, homes, estates, mansions, hotels, buildings, warehouses, new developments, and exclusive properties. The firm also offers luxury property, office, retail rentals, and property management services.

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