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    86-26 85 Dr Queens, NY

    For Sale
    Contact for pricing

    Three properties with redevelopment and income-growth potential near transit.

    Property size:
    200 SF
    Lot size:
    0.04 Acres

    Property Features for 86-26 85 Dr

    General Information

    Size
    200 SF
    Lot size
    0.04 Acres

    Source: RIPCO Real Estate - Queens Agent Stephen R. Preuss

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

    Overview

    Retail, Mixed-Use, and Land Package

    This offering comprises a package of three properties: a retail building (formerly a grocery store), a mixed-use building, and a parcel of vacant land. The properties present redevelopment and income-growth potential. The location offers excellent transit access, situated across from the 85th Street - Forest Parkway J/Z subway station. The property size is 200 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9485424
    Latitude
    40.744679

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    FAQs

    What type of property is this?
    Retail property - Three properties with redevelopment and income-growth potential near transit.
    Where is this retail property located?
    The property is located at 86-26 85 Dr Queens, NY.
    What are key features of this property?
    This property features: - Package of three properties: retail, mixed-use, and vacant land, offering diverse opportunities.; - Excellent transit access: located across from the J/Z subway.; - Redevelopment potential for innovative projects.
    (516) 647-7155
    Request Owner's contact information
    86-26 85 Dr Queens, NY
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    Queens, NY
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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
    86-26 85 Dr Queens, NY
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