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92-77 Queens Blvd
Rego Park, NY 11374 Rego Park

Price Upon Request

Hotel For Sale  •  61,780 SF

Property Details

  • Property Type Hotel
  • Total Building Size 61,780 SF
  • Lot Size 0.48 AC
  • Building Class B
  • Year Built 2016
  • Zoning R7-1
100 Transit Score
94 Walk Score

Highlights

50-key hotel and the retail component of Retro Fitness, Starbucks, and the parking garage
highly visible corner lot with excellent frontage on Queens Boulevard, a major thoroughfare in the area.
The property benefits from a strong tenant roster, with Retro Fitness and Starbucks both having long-term leases in place.
Community Housing occupies 19,000± square feet and recently signed a 10-year lease with options.
The current net operating income (NOI) is approximately $2,540,000 and the property is well-positioned to benefit from the strong demand for retail

Amenities

  • Business Center
  • Fitness Center
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 7 min - 1.9 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 7 min - 2.4 mi
Transit/SubwayDriveWalkDistance
63 Drive-Rego Park (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
Woodhaven Boulevard (E,G,R Line) (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Grand Avenue-Newtown (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 14 min 0.7 mi
67 Avenue (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 5 min 16 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 9 min - 3.3 mi
John F Kennedy International 15 min - 9.9 mi
Newark Liberty International 33 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes