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    82-02 45Th Ave Elmhurst, NY 11373

    For Lease
    $120 SF/Yr

    High-visibility retail space, ideal for diverse uses.

    Lot size:
    16,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 16,700-square-foot retail space, located at 82-02 45th Ave in Queens County, presents a unique investment opportunity. Currently entirely vacant, the property offers unparalleled flexibility for a wide range of retail concepts. Its expansive size allows for subdivision, catering to multiple tenants or a single large-scale operation. The property's prime location ensures high accessibility and visibility, attracting significant foot traffic. Its suitability extends to various businesses, including restaurants, shopping centers, food courts, discount stores, specialty shops, and even recreational uses such as children's playgrounds. The convenient transportation options are a major advantage, with the R/M train station just a two-minute walk away, ensuring easy access for both employees and customers. This property is a blank canvas, ready for a visionary entrepreneur or established business to create a thriving retail destination. The sheer size and prime location make this an exceptional opportunity for significant return on investment. Serious inquiries are encouraged to explore the potential of this remarkable retail space. The property is available for immediate occupancy.

    Property Features for 82-02 45Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,700 SF
    Total Rate
    167000

    Unit(s) available at that property

    Space
    Available
    Size
    16,700 SF
    Rate per SF
    $120

    HighLights

    • 16,700 square foot retail space in Queens County.
    • Single‑tenant occupancy; entire space available.
    • Suitable for various retail uses, including restaurants and shopping centers.
    • Excellent location with high visibility and accessibility.
    • Two‑minute walk to the R/M train station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Elmhurst
    County
    Queens
    State
    New York
    Longitude
    -73.8824995
    Latitude
    40.7413859

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, ideal for diverse uses.
    Where is this retail property located?
    The property is located at 82-02 45Th Ave Elmhurst, NY.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: 16,700 square foot retail space in Queens County.; Single-tenant occupancy; entire space available.; Suitable for various retail uses, including restaurants and shopping centers.
    Request Owner's contact information
    82-02 45Th Ave Elmhurst, NY 11373
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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
    82-02 45Th Ave Elmhurst, NY 11373
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