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    32-88 48Th St Queens, NY 11103

    For Lease
    $85 SF/Yr

    Modern Astoria retail space, newly renovated.

    Lot size:
    3,819 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail or showroom space, located at 32-88 48th Street in Astoria, Queens County, New York, 11103, offers 900 square feet of vacant space within a larger 3,819 square foot building. The property is situated on a single story and underwent complete renovations in 2024. The space is ideal for a variety of retail uses and boasts a modern design. The zoning for the property is R7D, C2-4, allowing for a range of commercial possibilities. The building's address is conveniently located near Northern Boulevard, providing excellent visibility and accessibility. This prime location in the vibrant Astoria neighborhood offers high foot traffic and a strong customer base. The space is available for lease as a single tenancy. Interested parties should note the total building square footage is 3,819 square feet. This presents a unique opportunity for businesses seeking a well-maintained, modern space in a thriving commercial area of Queens. The property's address is easily accessible and benefits from its proximity to major transportation routes. The updated interior provides a blank canvas for businesses to create their ideal retail or showroom environment.

    Property Features for 32-88 48Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,819 SF
    Total Rate
    27277.21

    Building Details

    Year Renovated
    2024
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Rate per SF
    $85

    HighLights

    • 900 sq ft retail/showroom space available for lease in a 3,819 sq ft building at 32‑88 48th Street, Astoria, NY 11103.
    • Completely renovated in 2024, offering a modern design.
    • Features 32 feet of street frontage providing excellent visibility.
    • Located in a high foot traffic area of Astoria with easy access to public transportation.
    • Zoned R7D, C2‑4, allowing for a variety of commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Studio Artego Art Gallery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.914270205427
    Latitude
    40.753984379914

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    FAQs

    What type of property is this?
    Retail property - Modern Astoria retail space, newly renovated.
    Where is this retail property located?
    The property is located at 32-88 48Th St Queens, NY.
    What is the lease rate?
    The lease rate is $85 SF/Yr.
    What are key features of this property?
    This property features: 900 sq ft retail/showroom space available for lease in a 3,819 sq ft building at 32-88 48th Street, Astoria, NY 11103.; Completely renovated in 2024, offering a modern design.; Features 32 feet of street frontage providing excellent visibility.
    Request Owner's contact information
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    Queens, NY 11103
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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
    32-88 48Th St Queens, NY 11103
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