Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rego Park Commercial Office Unit Title is generated by Realmo AI

    92-29 Queens Boulevard, Rego Park, NY 11374

    View on Map
    Claim this Listing
    New
    For Lease
    $2,000 /Mo

    COMMERCIAL - Rego Park, NY

    Added:
    May 19, 2026
    Days on Market:
    3
    Last Refresh:
    May 21 at 3:06 pm

    Property Features for 92-29 Queens Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5043

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Building materials
    Block, Brick

    We can help!

    Listing Contact
    Igor Rafailov

    Listing agent Igor Rafailov License #31RA1009124

    Listing office E Z Sell Realty 9229 Queens Blvd ste CU18, Rego Park, NY

    Listing date May 19, 2026

    MLS# 1001974

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location near E, M, R train station, Queens Center Mall, and Costco.
    • Suitable for various businesses, including medical offices and professional services.
    • All utilities included except electricity.
    • 24‑hour doorman and building security system.
    • Handicap access ramp.
    • Central air conditioning.

    Overview

    This commercial office unit is available for rent in Rego Park, New York. The property is suitable for various businesses, including medical offices and professional services. The location is considered prime, with proximity to the E, M, and R train station, Queens Center Mall, and Costco at Rego Center. All utilities are included in the rent except for electricity. The building features a 24-hour doorman, a building security system, and a ramp for handicap access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Innovative Urology Practice ... Physician Victoria Bellot, MD Physician Madinails NYC Hair Salon Queens Medical Weight ... Weight Loss Service Dieta place Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rego Park
    County
    Queens
    State
    New York
    Longitude
    -73.916449
    Latitude
    40.74248

    Nearby Similar for Lease

    • $3,200/Mo
      792 SF

      Prime Retail Space on Queens

      High-visibility commercial space in Rego Park near Queens Center.
      9229 Queens Boulevard, Rego Park, NY 11374
      View Details
    • $6,500/Mo
      2,024 SF

      Modern Medical Office in Rego Park

      2024 SF medical office space for lease in Rego Park.
      64-33 98th Street, Rego Park, NY 11374
      View Details
    • $15,000/Mo
      2,560 SF

      Rego Park Commercial Space

      Raw commercial space suitable for daycare, medical office, or school.
      97-30 64th Avenue, Rego Park, NY 11374
      View Details
    • $3,600/Mo
      960 SF

      Medical Office Space in Rego Park

      960 SF medical office space for lease on Queens Blvd.
      98-17 Queens Blvd, Rego Park, NY 11374
      View Details
    • $16,875/Mo
      8,000-8,000 SF

      Rego Park Warehouse For Lease

      Warehouse with high ceilings, heavy power, and drive-in gate.
      63-34 Austin St, Rego Park, NY 11374
      View Details
    • $38 SF/Yr
      1,500 SF

      Rego Park Medical/Professional Space

      Boutique medical or professional space in residential building.
      62-60 99th St, Rego Park, NY
      View Details
    • Contact for pricing
      154,336 SF

      Rego Park Office Space

      Available office space in Rego Park, Queens.
      95-25 Queens Boulevard, Rego Park, NY, 11374
      View Details
    • Contact for pricing
      29,991 SF

      Rego Park Office Space

      Office space available for lease in Rego Park, NY.
      97-77 Queens Boulevard, Rego Park, NY, 11374
      View Details
    • Contact for pricing
      2,616 SF

      Rego Park Office Space Available

      Office space for rent with excellent transport links and amenities.
      97 - 77 Queens Blvd, Rego Park, NY
      View Details
    • Contact for pricing
      2,150 SF

      Rego Park Office Space Available

      2,150 SF office space with new renovations for rent.
      8918 63rd Dr, Rego Park, NY
      View Details
    • $42 SF/Yr
      28,014 SF

      Class A Office Tower

      Class A office tower with parking and panoramic views.
      95 - 25 Queens Blvd, Rego Park, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial office unit for rent in prime Rego Park location.
    Where is this office units located?
    The property is located at 92-29 Queens Boulevard Rego Park, NY.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Prime location near E, M, R train station, Queens Center Mall, and Costco.; Suitable for various businesses, including medical offices and professional services.; All utilities included except electricity.
    (718) 396-6666
    We can help!
    Listing Contact
    Igor Rafailov
    Real Estate License ID: 31RA1009124
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    92-29 Queens Boulevard, Rego Park, NY 11374
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!