Eight-Unit Retail Condominium
81-08 Baxter Ave, Queens, NY 11373
For Sale
Contact for pricing
Eight commercial condominium suites are fully occupied by three tenant groups, with an ICAP tax abatement still in effect.
Property Size6,776 SF
Price / SF$664.11
Days on Market20
Property Features for 81-08 Baxter Ave
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Frontage
Tenant in Place
Building Details
Tenancy
Listing Agency:
Ariel Property Advisors
Listed By:
Alexander Taic · License #10401252134
(212) 544-9500
Source:
Moodyscre
Added: Oct 19
Changed: Nov 6
Last Checked: Nov 6 at 3:23PM
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 Ariel Property Advisors
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Investment Insights
Based on property information with market context.
This retail property comprises 8 commercial condominium units totaling 6,776 square feet. The space is fully leased to three tenant groups, and 11 years remain on a 25-year ICAP tax abatement.
The property is on Baxter Avenue, directly across from NYC Health + Hospitals/Elmhurst. Nearby transit includes the E, F, M, and R train lines, along with Q33, Q49, and Q70-SBS bus service; LaGuardia Airport is also minutes away. Restaurants, nightlife, banks, and daily retail services are steps away.
The property is on Baxter Avenue, directly across from NYC Health + Hospitals/Elmhurst. Nearby transit includes the E, F, M, and R train lines, along with Q33, Q49, and Q70-SBS bus service; LaGuardia Airport is also minutes away. Restaurants, nightlife, banks, and daily retail services are steps away.
Key Highlights
- 8 commercial condominium units totaling 6,776 square feet
- Fully leased to three tenant groups
- 81 feet of retail frontage along Baxter Avenue
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,060
Businesses Nearby
200k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 39%
Home Improvements & Furnishings 8%
Electronics 4%
McDonald's
Dining
42,064 visits/mo
0.3 miles
White Castle
Dining
21,521 visits/mo
0.3 miles
Speedway
Shops & Services
19,441 visits/mo
0.4 miles
Citibank
Shops & Services
16,364 visits/mo
0.2 miles
TD Bank
Shops & Services
16,130 visits/mo
0.4 miles
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Queens, NY
Properties on Market for Retail space in Queens
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Eight commercial condominium suites are fully occupied by three tenant groups, with an ICAP tax abatement still in effect.
Where is this retail space located?
The property is located at 81-08 Baxter Ave Queens, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 8 commercial condominium units totaling 6,776 square feet; Fully leased to three tenant groups; 81 feet of retail frontage along Baxter Avenue
