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    61-11 Junction Blvd Rego Park, NY 11369

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    For Lease
    $70 SF/Yr

    Open-air shopping center space available for lease.

    Property size:
    7,087 SF
    Lot size:
    6.56 Acres

    Property Features for 61-11 Junction Blvd

    General Information

    Size
    7,087 SF
    Lot size
    6.56 Acres

    Source: Global Realty Services Agent Raj Whadwa

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

    Overview

    Retail Space in Rego Park

    This retail space is located within a 605,000 square foot open-air shopping center. The property is positioned at the intersection of I-495 and Junction Boulevard in Queens. There are 1,317 parking spaces available. The ceiling height is 20 feet. The available space is 7,087 square feet. Possession can be arranged.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Rego Center Mall - Lot #24, Condicioner, Angels Consultant Services Inc., Wired Shops, Rego Park Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Rego Park
    County
    Queens
    State
    New York
    Longitude
    -73.873875
    Latitude
    40.757921

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    FAQs

    What type of property is this?
    Shopping center - Open-air shopping center space available for lease.
    Where is this shopping center located?
    The property is located at 61-11 Junction Blvd Rego Park, NY.
    What is the lease rate?
    The lease rate is $70 SF/Yr.
    What are key features of this property?
    This property features: - Located in Queens’ premier, open-air, value-oriented shopping center.; - 605,000 Square Foot Power Center.; - High visibility location at the intersection of I-495 and Junction Boulevard.
    (516) 316-0722
    Request Owner's contact information
    61-11 Junction Blvd Rego Park, NY 11369
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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
    61-11 Junction Blvd Rego Park, NY 11369
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