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    203-06 45Th Ave Queens, NY 11361

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    For Sale
    $550,000

    Retail space in Bayside, Queens, generating significant monthly income.

    Lot size:
    0.07 Acres

    Property Features for 203-06 45Th Ave

    General Information

    Lot size
    0.07 Acres

    Source: E Realty International Corp Agent Xiao H. Chen

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

    Overview

    Bayside Retail Space For Sale

    This retail space is located in Bayside. The property is currently operating as a wholesale nail salon. The first floor provides 3,000 square feet of space, complemented by a 900-square-foot basement. The business generates a monthly income of $200,000. The business operates five days a week and is closed on Saturday and Sunday.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.95299
    Latitude
    40.750016

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    FAQs

    What type of property is this?
    Retail space - Retail space in Bayside, Queens, generating significant monthly income.
    Where is this retail space located?
    The property is located at 203-06 45Th Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - High monthly business income: $200,000; - Large space: 3,000 sqft on the 1st floor plus a 900 sqft basement; - Established nail salon business
    (646) 508-9880
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    203-06 45Th Ave Queens, NY 11361
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    Queens, NY 11361
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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
    203-06 45Th Ave Queens, NY 11361
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