TEAMPREUSS

STEPHEN R. PREUSS Senior Managing Director (718) 512 2118 [email protected]

SOUTH RETAIL PORTFOLIO PACKAGE OF FIVE ONE- STORY CORNER RETAIL STRIPS CAN BE SOLD SEPARATELY OR AS A PACKAGE UNDER CONTRACT CORNER RETAIL STRIP TRAFFIC-LIGHT CORNER NEAR 146-92 JFK AIRPORT WITH PARKING GUY R. BREWER ASKING PRICE $2,235,000 BOULEVARD 6.8% Capitalization Rate springfield gardens, ny 11434

BLOCK / LOT 13307 / 108 LOT DIMENSIONS 120’ X 104’ irregular, approx. LOT SQUARE FOOTAGE 9,060 sq. ft., approx.

BUILDING DIMENSIONS 58’ X 95’ irregular, approx. BUILDING SQUARE FOOTAGE 5,800 sq. ft., approx. STORIES 1 COMMERCIAL UNITS 6 YEAR BUILT 1965

ZONING R3-2 FAR AS OF RIGHT / MAX 0.6 / 1.0 BUILDABLE SQ. FT. (AS OF RIGHT) 5,436 BUILDABLE SQ. FT. (MAX) 9,060

ASSESSMENT (17/18) $318,006 REAL ESTATE TAXES (17/18) $33,435

TENANT LEASE MONTHLY ANNUAL SQUARE PRICE PER Cushman & Wakefield has been retained 104 feet of frontage on 147th Avenue. This EXPIRATION RENT RENT FEET SQUARE FOOT on an exclusive basis for the sale of 146-92 corner also sees an average daily traffic Beauty Salon 2/28/23 $2,500 $30,000 1,000 $30.00 Guy R. Brewer Boulevard in Springfield count of over 22,000 cars passing daily. Vacant (1) N/A $2,950 $35,400 1,000 $35.40 Gardens (Jamaica), Queens. Located Deli & Convenience 7/31/20 $6,064 $72,765 2,000 $36.38 146-92 Guy R. Brewer Boulevard is located on the northwest corner of Guy R. Brewer Party Rental 3/31/20 $2,894 $34,729 1,000 $34.73 in proximity to John F. Kennedy Airport Boulevard and 147th Avenue. Storage M-M $2,000 $24,000 800 $30.00 including the JFK Air Train, as well as multiple 146-92 Guy R. Brewer Boulevard is a six-unit major roadways including Rockaway EFFECTIVE GROSS INCOME (EGI) $16,407 $196,894 5,800 retail strip consisting of five tenants, currently Boulevard and the which Projected Due to Vacancy (1) currently in negotiations with new tenant with one vacancy with leases in negoti- allows easy access to the Cross Island and ation. The existing tenants operate as a deli, Southern State Parkways. As well, the Q111, EXPENSES (per ownership) ESTIMATED EFFECTIVE $195,237 GROSS INCOME event space, beauty salon, and storage, Q113, and Q114 bus lines are location just Real Estate Taxes $33,435 Insurance $3,505 ANNUAL with leases in place through 2020 and 2023. outside the property. ($43,448) Water / Sewer $498 EXPENSES The building has been recently renovated Property inspections are by appointment Electric / Fuel $0 NET OPERATING in 2008 and is very well-maintained. The only, please inquire within. Repairs & Maintenance $103 INCOME $151,789 property enjoys approximately 120 feet of Management @ 3% / EGI $5,907 frontage on Guy R. Brewer Boulevard and TOTAL $43,448

146-92 GUY R. BREWER BLVD UNDER CONTRACT CORNER RETAIL STRIP 1326-1342 LOCATED ON TRAFFIC-LIGHT CORNER NEAR SUBWAY BEACH CHANNEL ASKING PRICE $3,100,000 DRIVE7.5% Capitalization Rate far rockaway, ny 11698

BLOCK 15528 LOTS 12 112 LOT DIMENSIONS 57.46’ X 50’ 57.25’ X 50’ irregular, approx. LOT SQUARE FOOTAGE 2,873 2,863 sq. ft., approx. GROSS LOT SQUARE FOOTAGE 5,736 sq. ft., approx.

BUILDING DIMENSIONS 114.92’ X 50’ irregular, approx. GROSS BUILDING SQUARE FOOTAGE 5,600 (above grade) sq. ft., approx. STORIES 1 COMMERCIAL UNITS 6 YEAR BUILT 1950

ZONING R5 / C1-2 FAR AS OF RIGHT / MAX 1.25 / 2.0 BUILDABLE SQ. FT. (AS OF RIGHT) 7,170 sq. ft., approx. BUILDABLE SQ. FT. (MAX) 11,472 sq. ft., approx.

ASSESSMENT (17/18) $506,403 TENANT LEASE MONTHLY ANNUAL SQUARE PRICE PER REAL ESTATE TAXES (17/18) $16,887 ICIP Abatement through 6/30/32 EXPIRATION RENT RENT FEET SQUARE FOOT Hair Salon (1) 7/31/18 $2,948 $35,379 700 $50.54 Vacant (1) N/A $3,032 $36,383 700 $51.98 Cushman & Wakefield has been retained on approximately 115 feet of frontage on Barber Shop (1) 9/30/19 $2,835 $34,020 700 $48.60 an exclusive basis for the sale of 1326-1342 and is located Hair Braiding (1) 10/31/22 $2,796 $33,547 700 $47.93 Beach Channel Drive in Far Rockaway, amongst several credit tenants including Deli & Grocery (1) 3/31/20 $2,894 $34,728 700 $49.61 Queens. It is located on the southeast KFC and McDonalds. Vacant (1) N/A $2,756 $33,072 700 $47.25 corner of Beach Channel Drive and Dix Little Caesars Pizza 12/31/21 $4,776 $57,313 1,400 $40.94 1326-1342 Beach Channel Drive is located Avenue. a short walk away from the A subway EFFECTIVE GROSS INCOME (EGI) $22,037 $264,442 5,600 1326-1342 Beach Channel Drive is a seven- station at Mott Avenue, as well as the Far Projected Due to Vacancy (1) tenant uses lower level unit retail strip, with two vacancies. The Rockaway LIRR Station. In addition, the existing tenants operate as a Little Caesars Q114 bus line is located around the corner. EXPENSES (per ownership) ESTIMATED EFFECTIVE $264,442 Pizzeria, deli & grocery store, hair salons, Property inspections are by appointment Real Estate Taxes $16,887 GROSS INCOME and barber shop, all with leases in place only, please inquire within. Insurance $3,486 ANNUAL ($29,115) through 2018 and 2022. EXPENSES

The building was built in 1950 and is very NET OPERATING well-maintained. The property enjoys INCOME $235,327

1326-1342 BEACH CHANNEL DR CORNER RETAIL STRIP FULLY-LEASED WITH 200 222-16 FEET OF LINEAR FRONTAGE MERRICK NEW ASKING PRICE $2,950,000 BOULEVARD 5.7% Capitalization Rate laurelton, ny 11413

BLOCK 13102 LOTS 16 LOT DIMENSIONS 100.76’ X 92.42’ irregular, approx. LOT SQUARE FOOTAGE 8,700 sq. ft., approx.

BUILDING DIMENSIONS 100’ X 36’ irregular, approx. BUILDING SQUARE FOOTAGE 5,500 sq. ft., approx. STORIES 1 COMMERCIAL UNITS 5 YEAR BUILT 1960

ZONING R5D / C2-3 FAR AS OF RIGHT / MAX 2.0 / 2.0 BUILDABLE SQ. FT. (AS OF RIGHT) 17,400 sq. ft., approx. BUILDABLE SQ. FT. (MAX) 17,400 sq. ft., approx.

ASSESSMENT (17/18) $303,661 REAL ESTATE TAXES (17/18) $31,927

TENANT LEASE MONTHLY ANNUAL SQUARE PRICE PER Cushman & Wakefield has been retained approximately 100 feet of frontage on EXPIRATION RENT RENT FEET SQUARE FOOT on an exclusive basis for the sale of 222-16 Merrick Boulevard and nearly 100 feet of Home Furnishings 3/31/2018 $4,000 $48,000 1,500 $32.00 rd Merrick Boulevard in Laurelton (Jamaica), frontage on 223 Street. Barber Shop 9/30/2019 $3,255 $39,060 1,000 $39.06 Queens. It is located on the southwest 222-16 Merrick Boulevard is located in Beauty Supply 10/31/2019 $2,888 $34,656 1,000 $34.66 corner of Merrick Boulevard and 223rd Street. proximity to multiple major roadways Nail Salon 4/30/2021 $3,307 $39,690 1,000 $39.69 222-16 Merrick Boulevard is a five-unit retail including Springfield Boulevard and the Belt Hair Salon 10/31/2018 $4,020 $48,240 1,000 $48.24 strip currently fully-leased. The existing Parkway which allows easy access to the EFFECTIVE GROSS INCOME (EGI) $17,470 $209,640 5,500 tenants operate as a home furnishings Cross Island and Southern State Parkways. store, barbershop, beauty supply store, Just outside the property is the Q5 bus line, EXPENSES (per ownership) ESTIMATED EFFECTIVE $209,640 nail salon, and hair salon , all with leases in and the Laurelton LIRR station is located less Real Estate Taxes $31,927 GROSS INCOME Insurance $3,162 ANNUAL place through 2018 and 2021. than one mile south. ($42,210) Water / Sewer $572 EXPENSES The building has been recently renovated Property inspections are by appointment Electric / Fuel $0 NET OPERATING in 2009 with high-quality construction, and only, please inquire within. Repairs & Maintenance $260 INCOME $167,430 is very well-maintained. The property enjoys Management @ 3% / EGI $6,289 TOTAL $42,210

222-16 MERRICK BLVD CORNER RETAIL STRIP 18930-18934 LOCATED OFF BUSY FARMERS LINDENBOULEVARD INTERSECTION NEW ASKING PRICE $1,100,000 BOULEVARD 6.8% Capitalization Rate st. albans, ny 11412

BLOCK / LOT 12599 / 16 LOT DIMENSIONS 50’ X 85.24’ irregular, approx. LOT SQUARE FOOTAGE 4,262 sq. ft., approx.

BUILDING DIMENSIONS 50’ X 60’ irregular, approx. BUILDING SQUARE FOOTAGE 3,000 sq. ft., approx. STORIES 1 COMMERCIAL UNITS 3 YEAR BUILT 1951

ZONING R5D / C1-2 FAR AS OF RIGHT / MAX 2.0 / 2.0 BUILDABLE SQ. FT. (AS OF RIGHT) 8,524 sq. ft., approx. BUILDABLE SQ. FT. (MAX) 8,524 sq. ft., approx.

ASSESSMENT (18/19) $218,970 REAL ESTATE TAXES (18/19) $23,023

Cushman & Wakefield has been retained sees an average daily traffic count of over TENANT LEASE MONTHLY ANNUAL SQUARE PRICE PER on an exclusive basis for the sale of 18930 12,000 cars passing daily. The building is EXPIRATION RENT RENT FEET SQUARE FOOT - 18934 , St. Albans situated off Farmers Boulevard. This inter- Vacant N/A $2,917 $35,000 1,000 $35.00 (Jamaica), Queens. Located on the section features numerous credit tenants 99 cents store 11/30/2022 $2,750 $33,000 1,000 $33.00 southwest corner of Linden Boulevard and including Capital One Bank, 7-Eleven, and 99 cents store 7/31/2022 $2,985 $35,822 1,000 $34.78 190th Street. Dunkin’ Donuts. EFFECTIVE GROSS INCOME (EGI) $8,652 $103,822 3,000 Projected Due to Vacancy 18930-18934 Linden Boulevard is a three- 18930-18934 Linden Boulevard is located in unit retail strip. The existing tenants operate proximity to the St. Albans LIRR train station a 99 cents store and the third unit is currently which is located about a quarter-mile west, EXPENSES (per ownership) ESTIMATED EFFECTIVE $103,822 GROSS INCOME vacant. There is also potential for the devel- and the and X64 bus lines are located Real Estate Taxes $23,023 Insurance $2,585 ANNUAL opment of the 25’ x 50’ yard with frontage just outside the property. As well, it is located ($29,481) EXPENSES on 190th Street. close to multiple roadways including the Water / Sewer $580 Cross Island and Belt Parkways, Farmers Electric / Fuel $0 NET OPERATING The building was built in 1951 and has Boulevard, and . Repairs & Maintenance $179 INCOME $74,341 been very well-maintained. The property Management @ 3% / EGI $3,114 enjoys approximately 50 feet of frontage Property inspections are by appointment on Linden Boulevard and over 85 feet of only, please inquire within. TOTAL $29,481 frontage on 190th Avenue. This corner also

18930 - 18934 LINDEN BLVD CORNER RETAIL STRIP 21787-21795 RECENTLY RENOVATED WITH GREAT EXPOSURE HEMPSTEAD AND HIGH TRAFFIC AVENUENEW ASKING PRICE $3,250,000 5.9% Capitalization Rate queens village, ny 11429

BLOCK / LOT 10764 / 21 LOT DIMENSIONS 76.89’ X 88.26’ irregular, approx. LOT SQUARE FOOTAGE 6,320 sq. ft., approx.

BUILDING DIMENSIONS 76.89’ X 88’ irregular, approx. BUILDING SQUARE FOOTAGE 6,000 sq. ft., approx. STORIES 1 COMMERCIAL UNITS 6 YEAR BUILT 1931

ZONING R3-2 / C2-3 FAR AS OF RIGHT / MAX 1.0 / 1.0 BUILDABLE SQ. FT. (AS OF RIGHT) 6,320 BUILDABLE SQ. FT. (MAX) 6,320

ASSESSMENT (18/19) $396,090 REAL ESTATE TAXES (18/19) $20,780 ICIP Abatement through 6/30/25

TENANT LEASE MONTHLY ANNUAL SQUARE PRICE PER Cushman & Wakefield has been retained Boulevard and over 85 feet of frontage EXPIRATION RENT RENT FEET SQUARE FOOT on an exclusive basis for the sale of 21787- on 190th Avenue. This corner also sees a Vacant N/A $2,850 $34,200 1,000 $34,20 21795 Hempstead Avenue, Queens Village tremendous average daily traffic count of Medical Office 4/30/2020 $3,518 $42,213 1,000 $42,21 (Jamaica), Queens. Located on the over 30,000 cars passing daily. Furniture 5/31/2019 $2,756 $33,072 1,000 $33.07 northwest corner of Hempstead Avenue Juice Bar 5/31/2020 $3,450 $41,400 1,000 $41.40 21787-21795 Hempstead Avenue is located and 218th Street Restaurant 10/31/2020 $4,410 $52,920 1,000 $52.92 in proximity to the Queens Village LIRR train Construction 2/28/2021 $1,850 $22,200 1,000 $22.20 21787-21795 Hempstead Avenue is a six-unit station which is located about a quarter- EFFECTIVE GROSS INCOME (EGI) $18,834 $226,005 6,000 retail strip, currently with one vacancy. mile north, and the Q10, n1, and n6 bus lines Projected Due to Vacancy The existing tenants operate a restaurant, are located just outside the property. As (1) currently in negotiations with new tenant furniture store, medical facility, juice bar, well, it is located close to multiple roadways and construction office with leases in place including , the Cross Island EXPENSES (per ownership) ESTIMATED EFFECTIVE $226,005 GROSS INCOME throuh 2018 and 2021. Parkway, and Springfield Boulevard. Real Estate Taxes $20,780 Insurance $3,456 ANNUAL ($31,995) The building was recently renovated in Property inspections are by appointment Water / Sewer $775 EXPENSES 2009 with high-quality construction and is only, please inquire within. Electric / Fuel $0 NET OPERATING very well-maintained. The property enjoys Repairs & Maintenance $204 INCOME $194,010 approximately 50 feet of frontage on Linden Management @ 3% / EGI $6,780 TOTAL $31,995 21787-21795 HEMPSTEAD AVE FOR FURTHER INFORMATION, PLEASE CONTACT EXCLUSIVE AGENTS:

STEPHEN R. PREUSS DENISE PREVETE KEVIN LOUIE ANDREAS EFTHYMIOU KEVIN SCHMITZ Senior Managing Director Director Associate Director Senior Associate Senior Associate (718) 512 2118 (718) 512 2605 (718) 512 2627 (718) 512 2621 (718) 512 2628 [email protected] [email protected] [email protected] [email protected] [email protected]

SOUTH QUEENS RETAIL PORTFOLIO PORTFOLIO ASKING PRICE $7,300,000

AVAILABLE SEPARATE OR AS A PACKAGE TEAMPREUSS

118-35 , 14TH FLOOR, FOREST HILLS, NY 11375 WWW.CUSHMANWAKEFIELD.COM