Store and Dwelling Investment
For Sale
$1,680,000
4326 52nd St, Queens, NY 11377
Mixed-use property with store and residential units in Queens.
Property Size4,784 SF
Lot Size0.05 Acres
Days on Market268
Property Features for 4326 52nd St
General Information
Standard status
Active
Size
4,784 SF
Lot size
0.05 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$36,062
Building Details
Building Size
4,784 SF
Year Built
1926
Units
6
Listing Agency:
Graceful Realty LLC
(917) 251-5811
Listed By:
Yenni Liu SFR · License #10401209073
(917) 251-5811
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 22 at 7:02AM
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 Graceful Realty LLC
Investment Insights
Based on property information with market context.
This is a store and dwelling property featuring five residential units and one storefront. The property is presented as an investment opportunity with potential for increased rental income. It is situated in a bustling location.
Key Highlights
- Store & Dwelling: Mixed‑use property with both residential and commercial units.
- 5 Residential Units & 1 Store Front: Offers diversified income streams.
- Investment Property: Ideal for investors seeking rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,942
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,338,840
$2.3M
Cap Rate 7%
$1,670,600
$1.7M
Cap Rate 9%
$1,299,356
$1.3M
Market Conditions
NOI Build-Up for 4,784 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$221.0K $46.20/SF
− Vacancy
−$8.4K −$1.76/SF
EGI
$212.6K $44.44/SF
− OpEx
−$95.7K −$20.00/SF
NOI
$116.9K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,338,840
Cap Rate 7%
$1,670,600
Cap Rate 9%
$1,299,356
Alternative Uses
Best Use
Apartment 5plus
$1.67M
$1.46M – $1.95M
NOI $116,942 @ 7.0% cap · market cap 6.96%
Second Best
Retail
$1.22M
$1.07M – $1.42M
NOI $85,394 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$3.53M
$3.09M – $4.11M
NOI $246,877 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,837
Businesses Nearby
671k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 26%
Apparel 18%
Superstores 18%
Home Improvements & Furnishings 14%
BJ's Wholesale Club
Superstores
119,525 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
93,325 visits/mo
0.1 miles
H Mart
Groceries
69,262 visits/mo
0.2 miles
Marshalls
Apparel
66,127 visits/mo
0.2 miles
Burlington
Apparel
57,951 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with store and residential units in Queens.
Where is this mixed-use property located?
The property is located at 4326 52nd St Queens, NY.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Store & Dwelling: Mixed‑use property with both residential and commercial units.; 5 Residential Units & 1 Store Front: Offers diversified income streams.; Investment Property: Ideal for investors seeking rental income.
