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Kew Gardens Commercial Condominium
For Lease
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119-40 Metropolitan Ave, Queens, NY 11415

15,618 SF commercial condo for rent in Queens.

Space Size15,618 SF
Property Size19,618 SF
Days on Market1289

Property Features for 119-40 Metropolitan Ave

General Information

Standard status Active
Size 15,618 SF
Total Parking Spaces 9
Property subtype Office

Building Details

Building Size 19,618 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 119-40 Metropolitan Ave Contact us

Available Space

Size
15,618 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Kalmon Dolgin Affilliates, Inc.
Listed By: Todd Logan · License #NY 10301212293
Source: Crexi
Added: Feb 4, 2023 Changed: Aug 12 Last Checked: Aug 13 at 9:25AM

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 Kalmon Dolgin Affilliates, Inc.

Investment Insights

Based on property information with market context.

A 15,618 square foot multi-tenant commercial condominium is available for rent in the Kew Gardens neighborhood of Queens. Located on the lower level, the property includes nine parking spaces. The property is zoned for community facility use.

Key Highlights

  • 15,618 SQ FT multi‑tenant commercial condominium
  • Located in Kew Gardens, Queens
  • Zoned for community facility

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Gym & Fitness Center Clothing & Fashion Store Nursing Home Bed & Breakfast Catering Service (Bike/Boat/Book/etc) Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,928
Businesses Nearby

Demographics for 11415, NY

20,241
Population
9,794
Households
2.1
Avg Household Size
41
Median Age
53%
College-Educated
89%
High-School Grad
0.6 sq mi
ZIP Area
33,735
Density / Sq Mi
$88,632
Median Household Income
$60,950
Median Earnings
$1,909
Median Rent
$367,900
Median Home Value

Market

Lease Benchmarks for Queens, NY

$39.8 /SF/Yr
Avg Asking Price
$13.04–$75.37 /SF/Yr
Price Range
9,783 SF
Avg Space Size

This space is priced 40% below the average of $39.8 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 15,618 SF commercial condo for rent in Queens.
Where is this office units located?
The property is located at 119-40 Metropolitan Ave Queens, NY.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 15,618 SQ FT multi‑tenant commercial condominium; Located in Kew Gardens, Queens; Zoned for community facility
More about this property
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