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    Howard Beach Medical Office Space Title is generated by Realmo AI

    16305 91st Street, Howard Beach, NY 11414

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    New
    For Lease
    $3,000/Mo $72 SF/Yr (calc)

    COMMERCIAL - Howard Beach, NY

    Property size:
    500 SF
    Lot size:
    0.14 Acres
    Added:
    May 7, 2026
    Days on Market:
    2
    Last Refresh:
    May 8 at 8:06 pm

    Property Features for 16305 91st Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    R2
    Parking features
    On Street
    Security features
    Security System
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    14075-0050
    Size
    500 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9467

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Brick

    We can help!

    Listing Contact
    Kevin M. Leatherman ABR SFR C2EX A

    Listing agent Kevin M. Leatherman ABR SFR C2EX A

    Listing office Leatherman Homes 25 S Village Ave, Rockville Centre, NY

    Listing date May 7, 2026

    MLS# 972261

    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.

    HighLights

    • Prime location in desirable Howard Beach, offering excellent accessibility to major roadways, shopping, dining, and neighborhood amenities.
    • Flexible 500 sq. ft. professional medical office space suitable for various professional uses, with additional space available.
    • Convenient commuter location with easy access to the A train (Howard Beach‑JFK Airport Station) and nearby LIRR service (Jamaica Station).
    • Wheelchair‑accessible ramp provides convenience for patients and clients.
    • Excellent access to JFK Airport and the Belt Parkway.
    • Negotiable lease terms available.

    Overview

    This is approximately 500 sq. ft. professional medical office space located within a well-maintained residential property in Howard Beach. Additional space is available if needed. The flexible layout offers a comfortable reception and office environment with convenient access. It is suited for a doctor, therapist, wellness professional, or other permitted professional use. The location is just off Cross Bay Boulevard with access to major roadways, shopping, dining, and neighborhood amenities. The property features a wheelchair-accessible ramp. The location provides access to the A train at Howard Beach-JFK Airport Station, approximately 8-10 minutes away, and nearby LIRR service at Jamaica Station. It is located near JFK Airport and the Belt Parkway. The property is located in Queens County, New York. The lot size is 0.14 acres. The zoning is R2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chionis Medical Clinic Anthony Chionis Dpm Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Petco Vaccination Clinic — 157-20 Cross Bay Blvd, Howard Beach, NY 11414
    • Howard Beach Animal Clinic PC — 163-11 Cross Bay Blvd, Queens, NY 11414

    Location Insight

    • Map
    • Local Demand
    City
    Howard Beach
    County
    Queens
    State
    New York
    Longitude
    -73.839637
    Latitude
    40.651483

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    FAQs

    What type of property is this?
    Medical Office Space - Professional medical office space in a convenient Howard Beach location.
    Where is this medical office space located?
    The property is located at 16305 91st Street Howard Beach, NY.
    What is the lease rate?
    The lease rate is $3,000 /Mo.
    What are key features of this property?
    This property features: Prime location in desirable Howard Beach, offering excellent accessibility to major roadways, shopping, dining, and neighborhood amenities.; Flexible 500 sq. ft. professional medical office space suitable for various professional uses, with additional space available.; Convenient commuter location with easy access to the A train (Howard Beach‑JFK Airport Station) and nearby LIRR service (Jamaica Station).
    (516) 984-1815
    We can help!
    Listing Contact
    Kevin M. Leatherman ABR SFR C2EX A
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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