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    12-20 Astoria Blvd Queens, NY 11102

    Sponsored
    For Lease
    $42 SF/Yr

    Brand new, 2800 sq ft retail space.

    Lot size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,800 square foot retail space is located in a brand new building at 12-20 Astoria Blvd, situated on a desirable corner lot. The property boasts dual exposures, providing excellent visibility and accessibility from both Astoria Boulevard's vibrant retail corridor and 14th Street. This space is part of a larger development, specifically the ground floor of a ten-unit residential building, offering a unique opportunity for a business seeking high foot traffic and a strong presence in a thriving neighborhood. The building was completed in 2023, ensuring modern amenities and a contemporary aesthetic. The space is currently available for lease and is suitable for a variety of uses, including medical office, traditional office, or creative office tenants. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime retail location offers. The space's size and location make it ideal for businesses seeking a prominent and easily accessible storefront in a bustling area. This is a rare opportunity to secure a space in a newly constructed building with excellent visibility and a strong potential for growth.

    Property Features for 12-20 Astoria Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,800 SF

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Size
    2,800 SF
    Rate per SF
    $42

    HighLights

    • Brand new 2023 construction.
    • Multiple tenancy retail and office building.
    • 2,800 square foot retail space available.
    • Located on a corner lot with dual street exposure on Astoria Blvd and 14th Street.
    • Building includes 10 residential units.
    Property Profile Location Intelligence

    Current Use by Public Records

    World Borough Mold ... Environmental Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.929324
    Latitude
    40.771939

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    FAQs

    What type of property is this?
    Office space - Brand new, 2800 sq ft retail space.
    Where is this office space located?
    The property is located at 12-20 Astoria Blvd Queens, NY.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: Brand new 2023 construction.; Multiple tenancy retail and office building.; 2,800 square foot retail space available.
    Request Owner's contact information
    12-20 Astoria Blvd 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
    12-20 Astoria Blvd Queens, NY 11102
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