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    43-13 Queens Blvd Queens, NY 11104

    For Sale
    $2,499,000

    Well-maintained mixed-use property with income potential on Queens Blvd.

    Lot size:
    0.04 Acres

    Property Features for 43-13 Queens Blvd

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1930

    Source: City Homes Realty Group LLC Agent Segundo F. Agudo CBR E-PRO

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

    Overview

    Mixed-Use Property on Queens Blvd

    This well-maintained mixed-use property is located on Queens Blvd. The bar tenant pays $9,133 per month, plus 50% of real estate taxes, with one year plus a five-year option remaining on the lease. Additionally, there is a first-floor unit renting for $1,700 per month and a second-floor unit renting for $1,600 per month. The property presents great upside potential, with market rents exceeding $3,000 per month. This is a long-term, family-owned investment opportunity. Expenses include insurance at $7,738.89, heat at $6,793.89, water and sewer at $600.00 for the two residential units (the store has its own meter), electric at $1,000.00, and real estate taxes at $9,675.00 (store pays 50%). The property's appearance is excellent.
    Location Intelligence

    Current Use by Public Records

    Ida's Nearabout Gastropub

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.932171
    Latitude
    40.745539

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    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained mixed-use property with income potential on Queens Blvd.
    Where is this mixed-use property located?
    The property is located at 43-13 Queens Blvd Queens, NY.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: - Prime location on Queens Blvd.; - Mixed-use property with existing rental income from a bar and two residential units.; - Bar lease in place with $9,133 monthly rent plus 50% of real estate taxes.
    (718) 255-9888
    Request Owner's contact information
    43-13 Queens Blvd Queens, NY 11104
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    Queens, NY 11104
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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
    43-13 Queens Blvd Queens, NY 11104
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