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    48-05 Metropolitan Ave Queens, NY 11385

    For Lease
    Contact for pricing

    Large Flex Space, Queens, NY

    Lot size:
    10,755 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10,755 square foot commercial property, located at 48-05 Metropolitan Avenue in Queens, NY, presents a unique opportunity for businesses seeking flexible and expansive space. The property boasts a versatile layout suitable for executive office space or flexible industrial use, encompassing a total of 10,755 square feet currently available for lease. Situated on a generous 3.3-acre lot, the building features a substantial 16-foot ceiling height, providing ample room for various configurations and operations. The property is classified as Retail, Office, and Industrial, offering significant adaptability to a wide range of business needs. Three parking spaces are available on-site, and the building is equipped with elevators for convenient access to all levels. The property is located in Queens County, New York, with easy access to major transportation routes (specific details not provided). The entire building is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. This is an ideal location for businesses seeking a large, versatile space in a prime Queens location. The zip code is 11385. The property is offered as a multiple tenancy space.

    Property Features for 48-05 Metropolitan Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,755 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    10,755 SF

    HighLights

    • Sublease term available through 2031.
    • Abundant natural light throughout.
    • 16‑foot ceiling heights.
    • Three parking spaces included.
    • Landlord amenable to sublease with potential for division.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mocobot Studios Video Production Service Vinyl Guys Vinyl Sign Shop NY Warehouse Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -73.9179965
    Latitude
    40.7138622

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    FAQs

    What type of property is this?
    Flex space - Large Flex Space, Queens, NY
    Where is this flex space located?
    The property is located at 48-05 Metropolitan Ave Queens, NY.
    What are key features of this property?
    This property features: Sublease term available through 2031.; Abundant natural light throughout.; 16-foot ceiling heights.
    Request Owner's contact information
    48-05 Metropolitan 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
    48-05 Metropolitan Ave Queens, NY 11385
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