Street-Facing Retail
94-15 Astoria Blvd, East Elmhurst, NY 11369
For Sale
Contact for pricing
A dedicated restroom and display windows serve the needs of a customer-facing business.
Property Size800 SF
Price / SF$6.25
Days on Market26
Property Features for 94-15 Astoria Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Amenities
glass front door
large display windows
private bathroom
Listing Agency:
Telemundo Realty Corp
(718) 205-3737
Listed By:
Eduardo Ramirez · License #10401329468
(347) 945-9108
Source:
Neilcharlesrealestate
Added: Oct 14
Changed: Nov 7
Last Checked: Nov 7 at 3:02PM
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 Telemundo Realty Corp
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Investment Insights
Based on property information with market context.
This 800-square-foot retail space at 94-15 Astoria Blvd has a glass entry, broad display windows and a private bathroom. The storefront configuration provides a customer-facing setting for a neighborhood business, subject to applicable zoning and licensing requirements.
The property is on Astoria Boulevard in East Elmhurst, Queens. Access to the Grand Central Parkway and Whitestone Expressway connects the site with major roadways. Restaurants, supermarkets, coffee shops and neighborhood retailers are among the businesses in the surrounding area.
The property is on Astoria Boulevard in East Elmhurst, Queens. Access to the Grand Central Parkway and Whitestone Expressway connects the site with major roadways. Restaurants, supermarkets, coffee shops and neighborhood retailers are among the businesses in the surrounding area.
Key Highlights
- 800 square feet of retail space
- Private bathroom within the storefront
- Glass entry door and large display windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,280
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,600
$285.6K
Cap Rate 7%
$204,000
$204.0K
Cap Rate 9%
$158,667
$158.7K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$24.0K $30.00/SF
− Vacancy
−$3.6K −$4.50/SF
EGI
$20.4K $25.50/SF
− OpEx
−$6.1K −$7.65/SF
NOI
$14.3K $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%
$285,600
Cap Rate 7%
$204,000
Cap Rate 9%
$158,667
Alternative Uses
Best Use
Retail
$204.0K
$178.5K – $238.0K
NOI $14,280 @ 7.0% cap · market cap 285.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$589.8K
$516.1K – $688.1K
NOI $41,284 @ 7.0% cap · market cap 825.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,915
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 44%
Shops & Services 39%
Groceries 14%
Dining 2%
The Home Depot
Home Improvements & Furnishings
52,149 visits/mo
0.1 miles
Mobil
Shops & Services
17,820 visits/mo
0.4 miles
Farm Country of Jackson Heights
Groceries
17,690 visits/mo
0.4 miles
Chase Bank
Shops & Services
16,197 visits/mo
0.5 miles
Santander Bank
Shops & Services
6,395 visits/mo
0.4 miles
Demographics for 11369, NY
40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Queens County, NY
Properties on Market for Retail space in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A dedicated restroom and display windows serve the needs of a customer-facing business.
Where is this retail space located?
The property is located at 94-15 Astoria Blvd East Elmhurst, NY.
What are key features of this property?
This property features: 800 square feet of retail space; Private bathroom within the storefront; Glass entry door and large display windows
