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    26-24 4Th St Queens, NY 11102

    Sponsored
    For Lease
    $53 SF/Yr

    Prime Astoria Office, 550 sq ft, Single Tenant

    Lot size:
    550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 550-square-foot commercial space is ideally situated in Astoria's vibrant Hallets Cove neighborhood. The property is categorized as retail, office, and restaurant space, currently configured as a single-tenant office suitable for traditional office use, medical office practices, or a coworking setup. Its versatility makes it an attractive option for a variety of businesses. The location offers unparalleled convenience, with easy access to various parts of the city via readily available public transportation including trains, buses, and ferry service. Enjoy the benefits of a thriving community, complemented by the proximity to numerous recreational amenities. Astoria Park, a short distance away, provides a picturesque waterfront setting, a public pool, a baseball field, and ample opportunities for recreation, offering employees and clients a tranquil escape. This single-tenant space presents a unique opportunity to establish a presence in a desirable and well-connected area of Astoria, Queens. The building's location within Hallets Cove ensures high visibility and accessibility for clients and employees alike. The property's adaptability to various business types makes it a highly sought-after commercial space.

    Property Features for 26-24 4Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    550 SF

    Unit(s) available at that property

    Space
    Size
    550 SF
    Rate per SF
    $53

    HighLights

    • 550 square foot single‑tenant retail, office, and restaurant space.
    • Located in Astoria's Hallets Cove, offering convenient access to public transportation.
    • Surrounded by parks, including Astoria Park with waterfront access and recreational amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.933453
    Latitude
    40.775575

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    FAQs

    What type of property is this?
    Restaurant - Prime Astoria Office, 550 sq ft, Single Tenant
    Where is this restaurant located?
    The property is located at 26-24 4Th St Queens, NY.
    What is the lease rate?
    The lease rate is $53 SF/Yr.
    What are key features of this property?
    This property features: 550 square foot single-tenant retail, office, and restaurant space.; Located in Astoria's Hallets Cove, offering convenient access to public transportation.; Surrounded by parks, including Astoria Park with waterfront access and recreational amenities.
    Request Owner's contact information
    26-24 4Th St Queens, NY 11102
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    Queens, NY 11102
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    Realmo Value Estimation

    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.

    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.

    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
    26-24 4Th St Queens, NY 11102
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