Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Turnkey Storefront with Usable Basement Title is generated by Realmo AI

    67-43 Central Avenue, Glendale, NY 11385

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Corner 600 SF storefront with 620 SF usable basement.

    Type:Retail, Office, Restaurant
    Property size:
    600 SF
    Added:
    May 13, 2026
    Days on Market:
    15
    Last Refresh:
    May 14 at 8:58 pm

    Property Features for 67-43 Central Avenue

    General Information

    Standard status
    Active
    Size
    600 SF
    Property subtype
    Retail, Office, Restaurant

    Spaces For Lease

    at 67-43 Central Avenue Contact us

    We can help!

    Listing Contact
    Martin DuPain
    Martin DuPain

    Listing agent Martin DuPain License #NY 10401299480

    Listing office Highline Residential

    Listing date May 13, 2026

    Source Crexi

    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 Highline Residential

    HighLights

    • Turnkey 600 SF storefront with a 620 SF usable basement.
    • Corner location with standout visibility and strong signage opportunities.
    • Flexible layout suitable for office, studio, or creative space.
    • Move‑in‑ready with existing storefront glass, lighting, plumbing, and electric.
    • Located in a vibrant Queens neighborhood with strong residential density, nearby transit, shopping, and dining.
    • Full‑height, usable basement ideal for storage, production, or workspace.

    Overview

    This corner, turnkey storefront offers 600 square feet of space with an additional 620 square feet of usable basement. The property features standout visibility and a flexible layout, making it suitable for office, studio, or creative space users. The space is move-in-ready and located in a vibrant Queens neighborhood corridor. The layout combines an efficient open plan ground floor with a full-height, usable lower level, which is suitable for storage, records, production, editing, or staff workspace. Corner exposure, large windows, and signage opportunities enhance branding and street presence. Existing storefront glass, lighting, plumbing, and electric are in place. The property is situated in an established Queens mixed-use area with strong residential density, nearby transit, local shopping, dining, and everyday services. This location provides access across Queens and Brooklyn. It is an attractive option for office, creative, and service-oriented commercial users seeking a neighborhood setting.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    • Flowers — 6052 Myrtle Ave, Queens, NY 11385
    • Flowerama — Ridgewood, NY 11385
    • L. G. Gifts & Flowers Shop — 66-29 Myrtle Ave, Queens, NY 11385
    • Concrete Petals — 59-17 71st Ave, Queens, NY 11385
    • Flowers by Mario corp. — 79-04 Cypress Ave, Ridgewood, NY 11385

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Queens
    State
    New York
    Longitude
    -73.89212
    Latitude
    40.702259

    Nearby Similar for Lease

    • $3,000/Mo

      Glendale Commercial Storefront For Rent

      Commercial storefront in Glendale with high foot traffic and backyard.
      71-29 Myrtle Avenue, Glendale, NY 11385
      View Details
    • $15,625/Mo

      Prime Glendale Commercial Space Available

      High-visibility space near Myrtle Avenue, ideal for diverse uses.
      71-20 CYPRESS HILLS STREET, GLENDALE, NY 11385
      View Details
    • $5,500/Mo
      2,000 SF

      Retail Space on Myrtle Avenue

      Retail space with high visibility and wide frontage available.
      7003 Myrtle Ave, Glendale, NY
      View Details
    • $10,416/Mo
      10,000 SF

      Glendale Industrial Space with High Ceilings

      10,000+ SF industrial space with shared loading dock.
      56-6 Cooper Ave, Glendale, NY
      View Details
    • Contact for pricing
      7,498 SF

      Retail Space in Busy Center

      Neighborhood retail space with ample parking in a dense market.
      8989 Union Tpke, Glendale, NY
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 3,000 square feet.
      7325 Woodhaven Boulevard, Glendale, NY 11385
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Woodhaven Boulevard

      Retail space with parking and high visibility on Woodhaven Blvd.
      73-25 Woodhaven Blvd, Glendale, NY
      View Details
    • $22 SF/Yr
      4,500 SF

      Glendale Flex Space Available

      4,500 SF flex space in a busy corridor.
      79-17 Cypress Ave, Glendale, NY
      View Details
    • Contact for pricing
      8,000 SF

      Glendale Warehouse Space Available

      8,000 SF warehouse space with two street frontages.
      72-24 61st St, Glendale, NY
      View Details

    FAQs

    What type of property is this?
    Storefront property - Corner 600 SF storefront with 620 SF usable basement.
    Where is this storefront property located?
    The property is located at 67-43 Central Avenue Glendale, NY.
    What are key features of this property?
    This property features: Turnkey 600 SF storefront with a 620 SF usable basement.; **Corner location with standout visibility and strong signage opportunities.**; Flexible layout suitable for office, studio, or creative space.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Martin DuPain
    Martin DuPain
    Real Estate License ID: NY 10401299480
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    67-43 Central Avenue, Glendale, NY 11385
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!