Retail Space / New York / Queens / 11414 / 163-30 Cross Bay Boulevard

163-30 Cross Bay Boulevard

Q: What is the asking price for 163-30 Cross Bay Boulevard in Queens?

The asking price for 163-30 Cross Bay Boulevard is $15,662,071

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

The size of the building/unit at 163-30 Cross Bay Boulevard in Queens is 9,767 square feet.

Q: How much land does the Queens, NY property at 163-30 Cross Bay Boulevard include?

163-30 Cross Bay Boulevard in Queens includes 0.770 acres of land.

Q: What kind of Retail is the propery at 163-30 Cross Bay Boulevard?

The property at 163-30 Cross Bay Boulevard Queens, NY 11414 is listed as a Food Service Retail property.

Q: What is the population within 1 mile of 163-30 Cross Bay Boulevard?

The population within 1 mile of 163-30 Cross Bay Boulevard Queens, NY 11414 is 16,497 people.

Q: Who do I contact for questions about 163-30 Cross Bay Boulevard?

You should contact the listing agent, Sadya Liberow, for any details regarding this commercial listing.

Queens, NY 11414

Listing ID: 304815

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Building Size: 9,767 SF

Lot Size: 0.770 AC

Land Size: 33,342 SF

Building $/SF: $1,603.57

Land $/SF: $470.00

Price

$15,662,071

Property Highlights

Key Food property consisting of 9,767 square feet of built square footage.

The current lease contains a corporate guarantee by Walgreens Co.

Current Rent only $32 per foot on lot square footage.

The property contains a drive-through with 35 parking spaces.

There is an additional 23,575 buildable square feet.

The property lot size is 33,342 Square Feet.

Description

Key Food property consisting of 9,767 square feet of built square footage.
The Key Food is currently subleasing the space from Walgreens.
Key Food is heavily invested in this location with millions of dollars in recent renovations.
The current lease contains a corporate guarantee by Walgreens Co.
The original 20-year triple-net (NNN) lease with Walgreens, commenced in October 2008 and expires in 2029.
The current annual rent after the 12% increase is $1,096,341.
Current Rent only $32 per foot on lot square footage.
There are two ten-year tenant renewal options.
The property contains a drive-through with 35 parking spaces.
There is an additional 23,575 buildable square feet.

Attachments & Files

163-30-cross-bay-boulevard-queens-ny-11414-excl-t52.pdf

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Points of Interest & Demographic Radii

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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.

New York History of Retail Space for Sale

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Listing Demographics for 163-30 Cross Bay Boulevard Queens, NY 11414

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.

		1-Mile	3-Miles	5-Miles
Total Population		16,497	378,394	1,270,700
Population Median Age		45	38	38
Population by Age	0-9 Yrs	1692 (10%)	47788 (12%)	157874 (12%)
	10-19 Yrs	1544 (9%)	46399 (12%)	152124 (11%)
	20-29 Yrs	1495 (9%)	55937 (14%)	185909 (14%)
	30-39 Yrs	1852 (11%)	49371 (13%)	177987 (14%)
	40-49 Yrs	2034 (12%)	47901 (12%)	162990 (12%)
	50-59 Yrs	2554 (15%)	53227 (14%)	172762 (13%)
	60-69 Yrs	2901 (17%)	41772 (11%)	140066 (11%)
	70+ Yrs	2426 (14%)	35999 (9%)	120988 (9%)

Median HH Income		$99,389	$60,226	$62,758
Total Household Income	< 24K	760 (12%)	28382 (23%)	98749 (22%)
	25-49K	790 (13%)	24380 (19%)	85166 (19%)
	50-74K	697 (11%)	18813 (15%)	68218 (15%)
	75-99K	747 (12%)	15985 (13%)	56216 (12%)
	100-199K	1723 (28%)	26631 (21%)	100326 (22%)
	200K+	1235 (20%)	8202 (6%)	30360 (6%)

Highest Education Level	No Diploma	1436	50802	150711
	Diploma or GED	4247	93469	276619
	Some College	2162	40172	148091
	Assoc. Degree	1072	20262	69405
	Bachelors Degree	1993	36380	150483
	Higher Degree	1613	17177	82918

Total Housing Units		6,333	132,749	475,218
--Owner-Occupied		4,774	55,239	178,670
--Renter-Occupied		1,178	67,155	260,365
Owner-Occupied Values	< 100K	60	1626	7068
	100-199K	39	1781	7047
	200-299K	133	2513	10780
	300-399K	192	5979	20836
	400-499K	269	10734	32001
	500K+	4080	32606	100938

Total Working Age Population		13,682	302,566	1,017,814
In Work Force		8,052	180,110	629,346
Not In Work Force		5,630	122,457	388,468
Workforce Employed		7,462	165,869	582,077
Workforce Unemployed		548	14,085	46,770
Civlian Workforce		8,010	179,954	628,848
Military Workforce		42	155	498

Total Households		5,952	122,394	439,035
Family Households		4,405	89,726	298,340
Non-Family Households		1,548	32,668	140,695
Married Couple		3,369	51,192	164,467
Other Family		1,036	38,534	133,873
Married w/Child		1,124	20,398	68,261
Single Male w/Child		0	2,354	8,582
Single Female w/Child		138	11,759	41,633

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
Queens County	2,229,379	0	2,230,722	+9	2,436,549	+5	2,565,268
Nassau County	1,334,544	0	1,339,532	+4	1,386,500	+3	1,432,859
Kings County	2,465,326	+2	2,504,700	+9	2,738,283	+5	2,863,996

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 163-30 Cross Bay Boulevard in Queens?

The asking price for 163-30 Cross Bay Boulevard is $15,662,071

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

The size of the building/unit at 163-30 Cross Bay Boulevard in Queens is 9,767 square feet

How much land does the Queens, NY property at 163-30 Cross Bay Boulevard include?

163-30 Cross Bay Boulevard in Queens includes 0.770 acres of land

What kind of Retail is the propery at 163-30 Cross Bay Boulevard?

The property at 163-30 Cross Bay Boulevard Queens, NY 11414 is listed as a Food Service Retail property

What is the population within 1 mile of 163-30 Cross Bay Boulevard in Queens?

The population within 1 mile of 163-30 Cross Bay Boulevard Queens, NY 11414 is 16,497 people.

Who do I contact for questions about 163-30 Cross Bay Boulevard?

You should contact the listing agent, Sadya Liberow, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
John F Kennedy International Airport (JFK)	3
La Guardia Airport (LGA)	9
Newark Liberty International Airport (EWR)	18