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    561-603 Burnside Ave Inwood, NY 11096

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    For Lease
    Contact for pricing

    Retail space on heavily traveled commuter route near Nassau Expressway.

    Property size:
    700 SF
    Lot size:
    6.49 Acres

    Property Features for 561-603 Burnside Ave

    General Information

    Size
    700 SF
    Lot size
    6.49 Acres

    Source: Schuckman Realty Inc. Agent Edward Gottlieb

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Commuter Route

    This 700-square-foot retail space is situated on a heavily traveled commuter route. It serves the Five Towns and Far Rockaway trade areas. The property is located one block from the Nassau Expressway, which experiences over 46,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Inwood
    County
    Queens
    State
    New York
    Longitude
    -73.743553
    Latitude
    40.622704

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    FAQs

    What type of property is this?
    Retail space - Retail space on heavily traveled commuter route near Nassau Expressway.
    Where is this retail space located?
    The property is located at 561-603 Burnside Ave Inwood, NY.
    What are key features of this property?
    This property features: - Heavily traveled commuter route; - Serving the five towns and far rockaway trade areas; - One block off of Nassau expressway
    (516) 496-8888
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    Inwood, NY 11096
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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
    561-603 Burnside Ave Inwood, NY 11096
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