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    881 Cypress Ave Queens, NY 11385

    Sponsored
    For Lease
    $36 SF/Yr

    Prime Ridgewood location, perfect for any office. Full storefront, ample space.

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,500 square foot office space is ideally situated in the thriving Ridgewood neighborhood of Queens, New York, at 881 Cypress Avenue, zip code 11385. The property is a single-tenant space, categorized as both Traditional and Creative Office, offering versatility for a wide range of businesses. Its prime location ensures excellent street visibility and exposure, making it an attractive option for businesses seeking high foot traffic. The interior layout includes a full storefront for optimal visibility, a dedicated waiting area for clients, a private office for enhanced privacy and productivity, a convenient storage area, and a restroom. The property is located within the Bushwick, Ridgewood, Glendale submarket cluster in Queens County, New York. This presents a unique opportunity to establish a presence in a dynamic and rapidly growing area. The space is ready for immediate occupancy and offers a blend of functionality and prime location.

    Property Features for 881 Cypress Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $36
    Property Profile Location Intelligence

    Current Use by Public Records

    Tlc Insurance Insurance Agency

    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
    -73.904672320147
    Latitude
    40.699417095032

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    FAQs

    What type of property is this?
    Office space - Prime Ridgewood location, perfect for any office. Full storefront, ample space.
    Where is this office space located?
    The property is located at 881 Cypress Ave Queens, NY.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    Request Owner's contact information
    881 Cypress Ave Queens, NY 11385
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    Queens, NY 11385
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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
    881 Cypress Ave Queens, NY 11385
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