BonnieSalsone
MLS#1031098
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLQueens 29
Property Description
Prime corner commercial investment property for sale in one of Rosedale's busiest retail corridors. Located next to McDonald's, just minutes from Long Island and within walking distance to the Rosedale LIRR Station, this highly visible corner building benefits from strong pedestrian and vehicle traffic, excellent exposure, and a mature commercial environment.The property offers stable cash flow with an estimated 6%+ cap rate. Current rental income is approximately $3,900/month under a NNN lease. Annual property taxes are approximately $13,000, paid by the tenant, and the tenant also pays the water bill. The same tenant has occupied the property for approximately 19 years, with about one year remaining on the current lease and expected renewal.Property features include an approximate 19' x 73' building size on an approximate 24' x 93' lot, Zoning R2A, C1-3, natural gas, central HVAC, and no basement. Tenant currently operates a popular restaurant and bar with liquor license, featuring quality interior improvements, including professional soundproofing and vibration insulation.Owner pays approximately $4,700/year for insurance. Recent roof waterproofing has been completed, and owner responsibility is mainly limited to roof-related maintenance.An excellent opportunity for investors seeking a prime corner commercial asset with a long-term established tenant, NNN lease structure, stable income, and strong long-term upside. Buyer to verify all information independently.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Heating: See Remarks
Lot Size: 0.05 Acres
Taxes: $13,542
Year Built: 1967
Feature Descriptions
Building Area Total: 1455
Business Type: Restaurant
Exterior: Brick
On Market Date: 2026-07-27
Parcel Number: 13207-0038
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Local Schools
School District: Queens 29
Listed By / Shown By
Listing By
Agency Name: Chase Global Realty Corp
Agency Contact: 718-355-8788
Shown By
Agent Name: Bonnie Salsone
Agent Phone: (516) 521-1468
Agency Title: Coldwell Banker American Homes
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24324 Merrick Boulevard | MLS# 1031098
This commercial property located at 24324 Merrick Boulevard , Rosedale, NY 11422 is currently listed for sale with an asking price of $690,000. Merrick Boulevard is located within the Queens 29 school district. Search Rosedale real estate on bonniesalsone.cbamhomes.com today.