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    32-58 105Th St East Elmhurst, NY 11369

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    For Sale
    $4,250,000

    Four commercial condo units available for sale in East Elmhurst.

    Property size:
    5,157 SF
    Lot size:
    0.06 Acres

    Property Features for 32-58 105Th St

    General Information

    Size
    5,157 SF
    Lot size
    0.06 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

    Commercial Condos on Northern Blvd

    Four commercial condo units are available for purchase, either individually or as a package. Located on Northern Blvd, the units are part of a new construction mixed-use building. The property offers passive income with minimal ownership responsibilities. The total property size is 5,157 square feet. There are parking spaces available, with 9 spaces offered at $60,000 each, as well as storage units available for $330,000. Two of the three units are currently leased to long-term tenants, providing stabilized income. The community facility unit is delivered vacant. The individual units are available as follows: Unit C1 for $1,380,000, Unit C2 for $830,000, Unit C4 for $870,000, and Unit CF1 for $725,000. The entire package is offered at $4,250,000.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    East Elmhurst
    County
    Queens
    State
    New York
    Longitude
    -73.864469
    Latitude
    40.760332

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    FAQs

    What type of property is this?
    Retail space - Four commercial condo units available for sale in East Elmhurst.
    Where is this retail space located?
    The property is located at 32-58 105Th St East Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Package deal available for all 4 commercial condo units at $4,250,000.; - New construction mixed-use building.; - Includes parking (9 spaces) and storage units.
    (516) 647-7155
    Request Owner's contact information
    32-58 105Th St East Elmhurst, NY 11369
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    East Elmhurst, 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
    32-58 105Th St East Elmhurst, NY 11369
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