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    107-17 71 Ave Queens, NY 11375

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    For Lease
    Contact for pricing

    6,500 SF Retail, Multiple Units Available

    Lot size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 107-17 71st Avenue in Queens, New York, offers a total of 6,500 square feet of commercial space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual units. The property is ideally suited for a variety of retail businesses, given its flexible layout and prominent location. The minimum leasable space is 2,000 square feet, while the maximum contiguous space available is 4,500 square feet. This allows for adaptability to suit different business needs and expansion plans. Situated in Queens County, New York, with a zip code of 11375, this property benefits from excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving commercial area. The property's size and layout provide ample space for various retail concepts, from smaller boutiques to larger-scale operations. The entire 6,500 square feet is available for immediate occupancy, offering a blank canvas for a prospective tenant to create their ideal retail environment. This presents a rare opportunity to secure a significant retail presence in a desirable Queens location. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 107-17 71 Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF

    Unit(s) available at that property

    Space
    Space B
    Size
    2,000 SF
    Space
    Space A
    Size
    4,500 SF

    HighLights

    • Steps from the 71st Avenue E, F, M, R subway station, boasting over 8.6 million annual riders.
    • Near the LIRR Forest Hills station.
    • High pedestrian traffic and strong retail synergy.
    • Situated at the entrance to Forest Hills Gardens, a 175‑acre residential community.
    • Divisible into 4,500 SF and 2,000 SF spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.844833
    Latitude
    40.720725

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    FAQs

    What type of property is this?
    Retail property - 6,500 SF Retail, Multiple Units Available
    Where is this retail property located?
    The property is located at 107-17 71 Ave Queens, NY.
    What are key features of this property?
    This property features: Steps from the 71st Avenue E, F, M, R subway station, boasting over 8.6 million annual riders.; Near the LIRR Forest Hills station.; High pedestrian traffic and strong retail synergy.
    Request Owner's contact information
    107-17 71 Ave Queens, NY 11375
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    Queens, NY 11375
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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
    107-17 71 Ave Queens, NY 11375
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