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    8708 Justice Ave Elmhurst, NY 11373

    Sponsored
    For Sale
    $375,000

    Spacious medical office, 938 sq ft, parking included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial condo in Elmhurst, Queens offers a fantastic opportunity for a medical practice or similar business. Located at 8708 Justice Ave, Unit CR/CK, this property boasts approximately 938 square feet of well-designed space, resulting from the combination of two units. The layout is ideally suited for medical use, featuring a welcoming reception area, five individual medical rooms, a convenient kitchen, and two bathrooms. The property includes a comprehensive intercom system with speakers throughout, enhancing security and communication. Modern conveniences such as two smart thermostats with remote control capabilities and a remotely controlled camera system are also in place. A fully functional HVAC system and a phone system are already installed, minimizing upfront setup costs. The building offers ample parking, a significant advantage in this busy area. This prime Elmhurst location is highly accessible, situated near the intersection of Queens Boulevard and Grand Avenue, providing easy access to public transportation, including the M and R subway lines and various bus routes. Furthermore, the property's proximity to shopping centers adds to its convenience and appeal. The seller is highly motivated to sell, making this an attractive investment opportunity. This is a turnkey operation ready for immediate occupancy.

    Property Features for 8708 Justice Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Yassaman Gidfar, MA Psychologist Excellence in Dental Health Dentist Stat Medical Laboratories Medical Laboratory Childs Center of New ... Social Services Organization Huang Eric DDS Dentist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmhurst
    County
    Queens
    State
    New York
    Longitude
    -73.8763
    Latitude
    40.73723

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious medical office, 938 sq ft, parking included.
    Where is this office property / space located?
    The property is located at 8708 Justice Ave Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $375,000.
    (718) 475-2700
    Request Owner's contact information
    8708 Justice Ave Elmhurst, NY 11373
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    Elmhurst, NY 11373
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8708 Justice Ave Elmhurst, NY 11373
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