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    86-30 103 Ave Queens, NY 11417

    For Sale
    Contact for pricing

    Versatile industrial space near subway.

    Property size:
    11,748 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 11,748-square-foot warehouse at 86-30 103rd Avenue in Queens, New York, presents a unique investment opportunity. Located in Queens County, zip code 11417, this single-building property boasts convenient access to public transportation, being just a two-minute walk from the A-train subway station. This prime location ensures easy accessibility for both employees and clients, utilizing both vehicular and pedestrian traffic. The property's zoning is versatile, encompassing R6-B, R4-1, and C2-3 designations, opening doors to a wide range of potential uses. Previously used as a baseball practice facility, the space offers significant adaptability for various industrial or even retail applications. The building features one loading dock for efficient goods handling. A recently installed new roof significantly reduces future maintenance costs and ensures long-term structural integrity. This property offers a compelling combination of location, size, and zoning flexibility, making it an attractive prospect for discerning investors and businesses seeking a well-maintained and conveniently located warehouse space in a thriving Queens neighborhood. The latitude and longitude coordinates are 40.6801625 and -73.851417 respectively.

    Property Features for 86-30 103 Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    11,748 SF

    Building Details

    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.851417
    Latitude
    40.6801625

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    FAQs

    What type of property is this?
    Distribution property - Versatile industrial space near subway.
    Where is this distribution property located?
    The property is located at 86-30 103 Ave Queens, NY.
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    Queens, NY 11417
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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
    86-30 103 Ave Queens, NY 11417
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