Storefront Office
7255 Metropolitan Avenue, Middle Village, NY 11379
For Sale
Contact for pricing
The space is suited to professional office use; food service is not permitted.
Property Size850 SF
Price / SF$2.18
Days on Market48
Property Features for 7255 Metropolitan Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Property Use
Building Details
Year Built
Listing Agency:
Cordial Realty Group Inc
(718) 217-5577
Listed By:
Shahram Hassid · License #31HA0932239
(917) 586-4663
Source:
Neilcharlesrealestate
Added: Sep 23
Changed: Nov 9
Last Checked: Nov 8 at 2:28PM
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 Cordial Realty Group Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 850-square-foot storefront at 7255 Metropolitan Avenue dates to 1930. The space is suitable for professional office use, with food service excluded.
The property is a few blocks from the M Train and is described as close to other transportation options.
The property is a few blocks from the M Train and is described as close to other transportation options.
Key Highlights
- 850‑square‑foot storefront
- Professional office use; food service is not permitted
- A few blocks from the M Train
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,172
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,440
$303.4K
Cap Rate 7%
$216,743
$216.7K
Cap Rate 9%
$168,578
$168.6K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$25.5K $30.00/SF
− Vacancy
−$3.8K −$4.50/SF
EGI
$21.7K $25.50/SF
− OpEx
−$6.5K −$7.65/SF
NOI
$15.2K $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%
$303,440
Cap Rate 7%
$216,743
Cap Rate 9%
$168,578
Alternative Uses
Best Use
Retail
$216.7K
$189.7K – $252.9K
NOI $15,172 @ 7.0% cap · market cap 820.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$626.6K
$548.3K – $731.1K
NOI $43,864 @ 7.0% cap · market cap 2,371.03%
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
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 24%
Groceries 11%
Electronics 5%
Dollar Tree
Shops & Services
23,669 visits/mo
0.2 miles
TD Bank
Shops & Services
11,361 visits/mo
0.4 miles
C-Town Supermarkets
Groceries
9,772 visits/mo
0.2 miles
Arby's
Dining
9,630 visits/mo
0.3 miles
7-Eleven
Shops & Services
8,151 visits/mo
0.4 miles
Demographics for 11379, NY
37,906
Population
15,237
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
84%
High-School Grad
2.2 sq mi
ZIP Area
17,230
Density / Sq Mi
$92,509
Median Household Income
$54,109
Median Earnings
$1,989
Median Rent
$886,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Queens County, NY
Properties on Market for Storefront properties in Queens County
Vacancy Rate% for Retail in Northeast region
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- 7335 del trópico flower shop — 73-35 Myrtle Ave, Queens, NY 11385
- Glendale Floral Design — 7951 Myrtle Ave, Queens, NY 11385
- GS Contracting of Ny Corporation
Frequently Asked Questions
What type of property is this?
Storefront property - The space is suited to professional office use; food service is not permitted.
Where is this storefront property located?
The property is located at 7255 Metropolitan Avenue Middle Village, NY.
What are key features of this property?
This property features: 850‑square‑foot storefront; Professional office use; food service is not permitted; A few blocks from the M Train
