Retail Space / New York / Richmond Hill / 11418 / 108-03 Atlantic Avenue

108-03 Atlantic Avenue

Q: What is the asking price for 108-03 Atlantic Avenue in Richmond Hill?

The asking price for 108-03 Atlantic Avenue is $9,050,000

Q: What is the building size of this Retail property in Richmond Hill, NY?

The size of the building/unit at 108-03 Atlantic Avenue in Richmond Hill is 15,000 square feet.

Q: How much land does the Richmond Hill, NY property at 108-03 Atlantic Avenue include?

108-03 Atlantic Avenue in Richmond Hill includes 0.448 acres of land.

Q: What is the population within 1 mile of 108-03 Atlantic Avenue?

The population within 1 mile of 108-03 Atlantic Avenue Richmond Hill, NY 11418 is 114,182 people.

Q: Who do I contact for questions about 108-03 Atlantic Avenue?

You should contact the listing agent, Albert Aranbaev, for any details regarding this commercial listing.

Richmond Hill, NY 11418

Listing ID: 148492

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Building Size: 15,000 SF

Lot Size: 0.448 AC

Land Size: 19,514 SF

Building $/SF: $603.33

Land $/SF: $463.75

Price

$9,050,000

Description

Description: Income producing retail center consisting of 4 retail tenants in Richmond Hill with parking on grade and anchored by Dollar Tree
Neighborhood: Richmond Hill
Lot Size: 19,491 SF (93? X 106.37?)
Building Size: 15,00 SF (200? X 75?)
Number of Stories: 1
Parking: Yes
Zoning: R6A
FAR: 3.0
Total Buildable: 58,473 SF +/-
Cross Streets: 108th Street & 109th Street
Year Built: 2017
Transportation: [Q37] bus stations
Nearby Retailers: McDonald’s, Mobil, Auto Zone, Chase Bank, Carvel, Hertz, T-Mobile and more
NOI: $497,945.44
CAP Rate: 5.5%
Asking Price: $9,050,000

Details

Brand New Retail with 200 feet of frontage on Atlantic Avenue
Anchored by Dollar Tree
15,000 SQFT of Retail in Queens
100% Occupied by 4 retail tenants
Signalized Intersection with Great Visibility
Parking Available on 109 and 108 Street
Price: $9,050,000
Cap Rate: 5.5%

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 108-03 Atlantic Avenue Richmond Hill, NY 11418

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		114,182	752,397	1,946,326
Population Median Age		37	38	38
Population by Age	0-9 Yrs	13854 (12%)	95268 (12%)	242887 (12%)
	10-19 Yrs	14188 (12%)	87036 (11%)	221783 (11%)
	20-29 Yrs	18593 (16%)	110310 (14%)	298575 (15%)
	30-39 Yrs	15181 (13%)	108068 (14%)	289650 (14%)
	40-49 Yrs	16408 (14%)	101198 (13%)	260988 (13%)
	50-59 Yrs	16212 (14%)	104299 (13%)	261043 (13%)
	60-69 Yrs	11674 (10%)	79828 (10%)	197728 (10%)
	70+ Yrs	8071 (7%)	66389 (8%)	173673 (8%)

Median HH Income		$68,807	$64,684	$56,778
Total Household Income	< 24K	5113 (16%)	49158 (20%)	154587 (23%)
	25-49K	6285 (19%)	47956 (19%)	139182 (21%)
	50-74K	5894 (18%)	42326 (17%)	108865 (16%)
	75-99K	4572 (14%)	32659 (13%)	79525 (12%)
	100-199K	7895 (24%)	57707 (23%)	135219 (20%)
	200K+	1965 (6%)	15749 (6%)	32823 (5%)

Highest Education Level	No Diploma	19037	96591	275875
	Diploma or GED	22605	153653	408847
	Some College	11620	78947	204353
	Assoc. Degree	5444	37352	101858
	Bachelors Degree	13456	97481	233365
	Higher Degree	5134	56388	124391

Total Housing Units		34,192	267,374	708,367
--Owner-Occupied		15,482	113,929	247,371
--Renter-Occupied		16,241	131,625	402,830
Owner-Occupied Values	< 100K	384	3817	9618
	100-199K	690	8308	15025
	200-299K	771	12355	23306
	300-399K	2040	17720	36100
	400-499K	3853	20873	44422
	500K+	7744	50856	118899

Total Working Age Population		91,941	604,011	1,568,491
In Work Force		60,095	382,278	991,329
Not In Work Force		31,846	221,733	577,161
Workforce Employed		55,751	354,562	921,750
Workforce Unemployed		4,314	27,474	69,134
Civlian Workforce		60,064	382,035	990,884
Military Workforce		31	243	446

Total Households		31,723	245,554	650,201
Family Households		25,428	173,631	439,705
Non-Family Households		6,295	71,923	210,496
Married Couple		17,219	113,292	261,253
Other Family		8,209	60,339	178,453
Married w/Child		7,781	48,494	112,613
Single Male w/Child		802	4,396	14,363
Single Female w/Child		2,293	18,215	55,016

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New York	18,976,457	+2	19,378,102	+4	20,146,131	+2	20,604,030
Kings County	2,465,326	+2	2,504,700	+9	2,738,283	+5	2,863,996
Queens County	2,229,379	0	2,230,722	+9	2,436,549	+5	2,565,268

Common Questions and Answers

What is the asking price for 108-03 Atlantic Avenue in Richmond Hill?

The asking price for 108-03 Atlantic Avenue is $9,050,000

What is the building size of this Retail property in Richmond Hill, NY?

The size of the building/unit at 108-03 Atlantic Avenue in Richmond Hill is 15,000 square feet

How much land does the Richmond Hill, NY property at 108-03 Atlantic Avenue include?

108-03 Atlantic Avenue in Richmond Hill includes 0.448 acres of land

What is the population within 1 mile of 108-03 Atlantic Avenue in Richmond Hill?

The population within 1 mile of 108-03 Atlantic Avenue Richmond Hill, NY 11418 is 114,182 people.

Who do I contact for questions about 108-03 Atlantic Avenue?

You should contact the listing agent, Albert Aranbaev, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
John F Kennedy International Airport (JFK)	5
La Guardia Airport (LGA)	6
Newark Liberty International Airport (EWR)	17

108-03 Atlantic Avenue

Richmond Hill, NY 11418

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Listing Demographics for 108-03 Atlantic Avenue Richmond Hill, NY 11418

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