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Ground-Floor Retail and Office Space
For Lease
$2,500/Mo

47-20 48th Ave, Queens, NY 11377

Adaptable storefront setup with central air, dedicated heat, and two private restrooms for year-round operations.

Space SizeContact for details
Property Size20,200 SF
Days on Market92

Property Features for 47-20 48th Ave

General Information

Standard status Active
Size 20,200 SF
Property subtype Commercial
Lease Term Flexible

Taxes and HOA fees

Annual Taxes $121,435

Building Details

Building Size 20,200 SF
Year Built 1928
Listing Agency: A Class Realty
Listed By: Anthoane C. Mazzara CBR · License #1018889
Source: Elliman
Added: Jun 17 Changed: Sep 14 Last Checked: Sep 15 at 9:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A Class Realty

Investment Insights

Based on property information with market context.

This ground-floor commercial unit offers approximately 600 square feet of flexible interior space suitable for office or retail use. The layout was previously configured for professional office operations and includes two private, fully built-out restrooms. The space is equipped with full central air conditioning and dedicated heating systems, supporting comfortable day-to-day use for staff and clients.

The property is positioned on the Woodside/Sunnyside border at the active intersection of 48th Avenue and 48th Street, providing street-level visibility. It sits within a dense residential enclave and is described as a short walk from the 46th Street–Bliss Street 7-train subway corridor, supporting convenient access for walk-in traffic and transit-riding customers.

For tenants seeking a ready-to-occupy space that can accommodate professional services or a neighborhood retail concept, the combination of storefront presence, an adaptable floorplan, climate control, and two restrooms offers practical functionality. The property’s immediate availability supports straightforward move-in planning for qualifying uses.

Key Highlights

  • ~600 SF ground‑floor commercial storefront available for immediate occupancy at the 48th Ave & 48th St intersection
  • Former professional office with flexible layout suitable for multiple business types
  • Central air conditioning plus dedicated heating systems for year‑round climate control

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Nursing Home Butcher Mobile Phone Store Daycare Center Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,739
Businesses Nearby
Balanced
Demand for This Use

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Queens, NY

$70.6 /SF/Yr
Avg Asking Price
$37.33–$120 /SF/Yr
Price Range
2,493 SF
Avg Space Size

This space is priced 29% below the average of $70.6 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Adaptable storefront setup with central air, dedicated heat, and two private restrooms for year-round operations.
Where is this storefront property located?
The property is located at 47-20 48th Ave Queens, NY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: ~600 SF ground‑floor commercial storefront available for immediate occupancy at the 48th Ave & 48th St intersection; Former professional office with flexible layout suitable for multiple business types; Central air conditioning plus dedicated heating systems for year‑round climate control
More about this property
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