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Storefront with Full Kitchen
For Sale
$839,898

145-20 14th Avenue, Whitestone, NY 11357

Commercial Sale, Whitestone, NY

Property Size2,000 SF
Lot Size0.03 Acres
Price / SF$419.95
Days on Market47

Property Features for 145-20 14th Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning R2A
Rooms Basement
Basement Full, Finished
Appliances Gas Cooktop, Gas Oven, Oven, Refrigerator
Elementary school Ps 79 Francis Lewis
Middle school Jhs 194 William Carr
High school Flushing High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
APN 04622-0019
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 15641

Utilities

Utilities Natural Gas Available
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

full kitchen
central air

Building Details

Year built 1938
Floors in Building 1
Building materials Brick
Buildings 1
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Valentina Forgione SFR SRS
Added: Sep 8 Changed: Oct 23 Last Checked: Oct 24 at 11:06PM
MLS# 1048210

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This brick storefront contains approximately 2000 square feet of floor space, a full kitchen, and central air conditioning. The full basement provides additional area for dry storage, refrigeration, food preparation, or mechanical equipment. Gas cooking appliances and a refrigerator are included.

The property occupies a 0.034-acre lot at 145-20 14th Avenue in Whitestone. It was built in 1938 and is zoned R2A.

Key Highlights

  • Approximately 2000 square feet of floor space
  • Full basement with potential for dry storage, refrigeration, food preparation, or mechanicals
  • Full kitchen with gas cooktop, gas oven, and refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,700
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,000 $714.0K
Cap Rate 7%
$510,000 $510.0K
Cap Rate 9%
$396,667 $396.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$60.0K $30.00/SF
− Vacancy
−$9.0K −$4.50/SF
EGI
$51.0K $25.50/SF
− OpEx
−$15.3K −$7.65/SF
NOI
$35.7K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,000
Cap Rate 7%
$510,000
Cap Rate 9%
$396,667

Alternative Uses

Best Use
Retail
$510.0K
$446.3K – $595.0K (±1% cap)
NOI $35,700 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,210 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11357, NY

42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - A full basement adds space for storage, food preparation, refrigeration, or mechanical equipment.
Where is this storefront property located?
The property is located at 145-20 14th Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $839,898.
What are key features of this property?
This property features: Approximately 2000 square feet of floor space; Full basement with potential for dry storage, refrigeration, food preparation, or mechanicals; Full kitchen with gas cooktop, gas oven, and refrigerator
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