Windowed Retail
For Sale
$440,900
92-29 Queens Boulevard Unit CU7, Rego Park, NY 11374
Street-facing commercial space offers direct exposure along a well-traveled boulevard corridor.
Property Size792 SF
Days on Market165
Property Features for 92-29 Queens Boulevard Unit CU7
General Information
Standard status
Active
Size
792 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$13,547
Building Details
Building Size
792 SF
Year Built
1986
Listing Agency:
BERKSHIRE HATHAWAY
Listed By:
Boris Isakharov
(646) 474-6489
Source:
Barbieliteam
Added: May 14
Changed: Oct 21
Last Checked: Oct 23 at 1:14PM
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 BERKSHIRE HATHAWAY
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Investment Insights
Based on property information with market context.
This approximately 792 sq ft storefront space was built in 1986 and presents a highly visible commercial frontage along Queens Boulevard. Six large windows face the boulevard, providing substantial display area and direct street exposure for a retail operation or other customer-facing business.
The property is near Queens Center Mall, major public transportation options, and immediate access to the Long Island Expressway. Its Rego Park setting is surrounded by established businesses and regular pedestrian activity, supporting convenient access for customers and employees.
The property is near Queens Center Mall, major public transportation options, and immediate access to the Long Island Expressway. Its Rego Park setting is surrounded by established businesses and regular pedestrian activity, supporting convenient access for customers and employees.
Key Highlights
- Approximately 792 sq ft commercial storefront
- Six large windows facing Queens Boulevard
- Near Queens Center Mall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,137
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,740
$282.7K
Cap Rate 7%
$201,957
$202.0K
Cap Rate 9%
$157,078
$157.1K
Market Conditions
NOI Build-Up for 792 SF
Gross rent
$23.8K $30.00/SF
− Vacancy
−$3.6K −$4.50/SF
EGI
$20.2K $25.50/SF
− OpEx
−$6.1K −$7.65/SF
NOI
$14.1K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,740
Cap Rate 7%
$201,957
Cap Rate 9%
$157,078
Alternative Uses
Best Use
Retail
$202.0K
$176.7K – $235.6K
NOI $14,137 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.9K
$510.9K – $681.2K
NOI $40,871 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,847
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 27%
Groceries 11%
Office Supplies 9%
Staples
Office Supplies
19,965 visits/mo
0.4 miles
Bank of America
Shops & Services
17,011 visits/mo
0.2 miles
Starbucks
Dining
16,082 visits/mo
0.2 miles
White Castle
Dining
15,897 visits/mo
0.3 miles
Mobil
Shops & Services
15,832 visits/mo
0.0 miles
Demographics for 11374, NY
47,129
Population
21,197
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
52,366
Density / Sq Mi
$86,333
Median Household Income
$58,309
Median Earnings
$1,957
Median Rent
$484,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- The Greenhouse Flowers & Plants LLC — 50-60 48th St, Flushing, NY 11377
- Queens Flower Delivery — 45-54 43rd St, Sunnyside, NY 11104
- 1-800-Flowers — 3601 47th Ave, Long Island City, NY 11101
- E-Z Flowers Inc. — 4545 36th st, long island city, ny 11101
- Brett Leemkuil — 4536 39th Pl, Sunnyside, NY 11104
Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing commercial space offers direct exposure along a well-traveled boulevard corridor.
Where is this storefront property located?
The property is located at 92-29 Queens Boulevard Unit CU7 Rego Park, NY.
What is the asking price?
The asking price for this property is $440,900.
What are key features of this property?
This property features: Approximately 792 sq ft commercial storefront; Six large windows facing Queens Boulevard; Near Queens Center Mall
