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Renovated Office Unit
For Lease
$1,750/Mo

116-28 Myrtle Avenue, Richmond Hill, NY 11418

A private entrance and shared access to a kitchen and conference room support a flexible office setup.

Space SizeContact for details
Property Size2,000 SF
Days on Market220

Property Features for 116-28 Myrtle Avenue

General Information

Standard status Active
Size 2,000 SF
Lease Term 12 Months

Additional Details

Space Use Office
Utilities Included in Rent all utilities

Taxes and HOA fees

Annual Taxes $16,000

Amenities

separate entrance
private bath
shared kitchen area
conference room

Building Details

Building Size 2,000 SF
Listing Agency: Parkside Realty of Queens Inc
Listed By: Thomas Balbone
Source: Croninreale
Added: Mar 19 Changed: Oct 23 Last Checked: Oct 23 at 3:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parkside Realty of Queens Inc

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This renovated office unit offers 2,000 square feet of open workspace, a private bathroom, and its own entrance. Occupants also have use of a shared kitchen and a spacious conference room, with utilities included in the rental arrangement.

Located at 116-28 Myrtle Avenue in Richmond Hill, the office provides a dedicated workspace within a shared amenity setting.

Key Highlights

  • 2,000 square feet of open office space
  • Renovated suite with a separate entrance
  • Private bathroom; shared kitchen and conference room

Property Analytics

Current Use

Parkside Realty Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Law Firm Cafe & Coffee Shop Gym & Fitness Center Hotel & Motel Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,580
Businesses Nearby

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value

Market

Lease Benchmarks for Richmond Hill, NY

$52.08 /SF/Yr
Avg Asking Price
$32–$102 /SF/Yr
Price Range
13,780 SF
Avg Space Size

This space is priced 80% below the average of $52.08 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A private entrance and shared access to a kitchen and conference room support a flexible office setup.
Where is this office unit located?
The property is located at 116-28 Myrtle Avenue Richmond Hill, NY.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: 2,000 square feet of open office space; Renovated suite with a separate entrance; Private bathroom; shared kitchen and conference room
More about this property
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