116-31 Sutphin Boulevard

Mark Akilov, Yuriy Ustoyev of Asset CRG Advisors (‘AssetCRG’) completed the sale of 116-31 Sutphin Boulevard, Jamaica NY. The building spans a total of 3,430 SF on a 4,462 SF lot with additional air rights. The property was built in 2004 and every store has it’s own basement space. The stores are separately metered and have 3% annual increases. The laundromat has a 5 year option and property benefits from ICIP Tax Abatement expiring in 12 years. Down the block from the Q6 bus stop and near numerous commercial retailers such as BP Gas Station, Dunkin’ Donuts, McDonald’s and more.