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Retail Space with Basement

83-15 Grand Avenue, Elmhurst, NY 11373

For Lease
$5,500/Mo

A bus stop sits directly outside the property, with the space occupying a corner location.

Space SizeContact for details
Property Size2,964 SF
Days on Market46

Property Features for 83-15 Grand Avenue

General Information

Standard status Active
Size 2,964 SF
Zoning R4
Lease Term Over 12 Months

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $7,776

Amenities

bus stop

Building Details

Building Size 2,964 SF
Year Built 1950
Listing Agency: N & H Realty Group Inc
Listed By: Nan Zhang · License #10311206308
Source: Clairedleone
Added: Sep 24 Changed: Nov 7 Last Checked: Nov 7 at 2:19PM

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 N & H Realty Group Inc

Rey
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Investment Insights

Based on property information with market context.

This retail space offers more than 1,450 square feet on the main level, along with an approximately 700-square-foot basement described as tall. The property was built in 1950 and is zoned R4.

A bus stop is directly in front of the building, and the space is situated on a corner at Grand Avenue.

Key Highlights

  • More than 1,450 square feet of retail space
  • Approximately 700 square feet of tall basement area
  • Bus stop directly in front of the property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Nursing Home Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,966
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Groceries 28% Dining 8% Home Improvements & Furnishings 4%
Western Beef Groceries
25,623 visits/mo 0.2 miles
Chase Bank Shops & Services
17,906 visits/mo 0.3 miles
BP Shops & Services
14,392 visits/mo 0.3 miles
Sunoco Shops & Services
10,256 visits/mo 0.3 miles
Citibank Shops & Services
9,799 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Elmhurst, NY

$53.16 /SF/Yr
Avg Asking Price
$3.69–$100 /SF/Yr
Price Range
5,950 SF
Avg Space Size

This space is priced 58% below the average of $53.16 /SF/Yr.

Properties on Market for Retail space in Elmhurst

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A bus stop sits directly outside the property, with the space occupying a corner location.
Where is this retail space located?
The property is located at 83-15 Grand Avenue Elmhurst, NY.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: More than 1,450 square feet of retail space; Approximately 700 square feet of tall basement area; Bus stop directly in front of the property
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