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Sunnyside Corner Commercial Property For Sale

39-04 Skillman Ave, Queens, NY 11104

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For Sale

$4,599,000

Income-producing property with gas station, convenience store, and repair shop.

Type:Commercial

Property size:

5,220 SF

Lot size:

0.21 Acres

Price / SF:

$881/SF

HighLights

Income‑producing commercial property with two existing leases providing immediate cash flow.
Prime corner lot location in Sunnyside with strong street frontage, excellent visibility, and steady traffic.
Significant redevelopment potential with M1‑4 zoning and a maximum buildable area of 18,000 SF.
High walk score (80), bike score (80) and transit score (78) indicating excellent accessibility.
Relatively new construction (built in 1997).
Financials available upon request for due diligence.

We can help!

Listing Contact

Thomas Horodecki

Learn more

For Sale

$4,599,000

Income-producing property with gas station, convenience store, and repair shop.

Type:Commercial

Property size:

5,220 SF

Lot size:

0.21 Acres

Price / SF:

$881/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:14 pm

Property Features for 39-04 Skillman Ave

General Information

Standard status: Active
Size: 5,220 SF
Lot size: 0.21 Acres
Property subtype: Commercial

Building Details

Year Built: 1997

We can help!

Listing Contact

Thomas Horodecki

Listing agent Thomas Horodecki

Listing office Capri Jet Realty Corp.

Listing date Apr 24, 2026

Source Elliman

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 Capri Jet Realty Corp.

HighLights

Income‑producing commercial property with two existing leases providing immediate cash flow.
Prime corner lot location in Sunnyside with strong street frontage, excellent visibility, and steady traffic.
Significant redevelopment potential with M1‑4 zoning and a maximum buildable area of 18,000 SF.
High walk score (80), bike score (80) and transit score (78) indicating excellent accessibility.
Relatively new construction (built in 1997).
Financials available upon request for due diligence.

Overview

This commercial property in Sunnyside features a leased gas station with a convenience store and a separately leased transmission repair shop. The corner property provides immediate cash flow with long-term upside for investors and developers. The building measures 90 x 58 ft and is situated on a 100 x 90 ft lot. The zoning is M1-4, with a FAR of 0.36 and a maximum FAR of 2. The maximum buildable area is 18,000 SF. The property has strong street frontage, excellent visibility, and steady traffic. It is located in Block 0187, Lot 19. The property is offered as an "As-Is" sale. The location is very bikeable and walkable, with excellent transit options.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$344.5k	$66.00
− Vacancy	−$22.4k	−$4.29
EGI	$322.1k	$61.71
− OpEx	−$80.5k	−$15.43
NOI	$241.6k	$46.28

5,220 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$3.45M

$3.02M – $4.03M (±1% cap)

NOI $241,595 @ 7.0% cap · market cap 5.25%

Second Best

Retail

$1.33M

$1.16M – $1.55M (±1% cap)

NOI $93,177 @ 7.0% cap · market cap 2.03%

Theoretical Best

Office A

$3.85M

$3.37M – $4.49M (±1% cap)

NOI $269,377 @ 7.0% cap · market cap 5.86%

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

Location Intelligence

Current Use by Public Records

Gulf Gas Station

Suggested Use

Location Insight

Map
Local Demand

City: Queens
County: Queens
State: New York
Longitude: -73.945291
Latitude: 40.742105

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For sale
Gas stations
NY
Queens
11104
39-04 Skillman Ave

What type of property is this?

Gas station - Income-producing property with gas station, convenience store, and repair shop.

Where is this gas station located?

The property is located at 39-04 Skillman Ave Queens, NY.

What is the asking price?

The asking price for this property is $4,599,000.

What are key features of this property?

This property features: Income‑producing commercial property with two existing leases providing immediate cash flow.; **Prime corner lot location** in Sunnyside with strong street frontage, excellent visibility, and steady traffic.; Significant redevelopment potential with M1‑4 zoning and a maximum buildable area of 18,000 SF.

39-04 Skillman Ave, Queens, NY 11104

Income-producing property with gas station, convenience store, and repair shop.

Property Features for 39-04 Skillman Ave

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Spacious Two-Family Home in Queens

Spacious Multifamily Home with Pool

Detached Two-Family Brick Residence

Queens Village Multifamily Investment Property

Desirable Jackson Heights Multi-Family Home

Upgraded Six-Family Residence, Queens

Queens Two-Family Home Value-Add Opportunity

Mixed-Use Income Property with Parking

Renovated Triplex in Queens, NY

NYU Medical Investment Opportunity

Newly Renovated Two-Family Duplex

Legally Two-Family Tudor Colonial

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