Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    218-25 Hempstead Ave Queens, NY 11429

    Sponsored
    For Lease
    Contact for pricing

    Queens Retail Space: 1,248 - 13,000 SF Available

    Lot size:
    14,428 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 218-25 Hempstead Avenue in Queens, New York, offers a prime opportunity for businesses seeking flexible and spacious commercial space. The property boasts a total of 14,428 square feet, with a significant 14,248 square feet currently vacant and available for lease. Multiple tenancy options are available, accommodating businesses requiring anywhere from a minimum of 1,248 square feet to a maximum contiguous space of 13,000 square feet. This allows for considerable flexibility in tailoring the space to meet diverse business needs. The property is zoned R3-2/C2-3, providing a wide range of permitted uses within Queens County. The address is conveniently located at 218-25 Hempstead Avenue, Queens, NY 11429, offering excellent visibility and accessibility for customers and employees. This is an exceptional opportunity to establish or expand your business in a thriving Queens location. The property's size and flexible lease options make it ideal for a variety of retail ventures. Contact us today to learn more about this exciting opportunity and to schedule a viewing.

    Property Features for 218-25 Hempstead Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,428 SF

    Unit(s) available at that property

    Space
    1st Floor
    Size
    13,000 SF
    Space
    2nd Floor
    Size
    1,248 SF

    HighLights

    • Former Rite‑Aid Pharmacy Building
    • High‑visibility corner lot
    • Suitable for a variety of uses including educational, medical, automotive, parking, office, or distribution.
    • 20‑foot ceilings
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.7371155
    Latitude
    40.7140373

    Nearby Similar for Lease

    • $60 SF/Yr
      25,936 SF

      Flushing Office Suites For Rent

      Prime commercial space in the heart of Flushing, NY.
      41-60 Main St, Flushing, NY 11355
      View Details
    • $30 SF/Yr
      25,936 SF

      Flushing Office Suites For Rent

      Prime commercial space in the heart of Flushing, Main Street.
      41-60 Main St, Flushing, NY 11355
      View Details
    • $60 SF/Yr
      25,936 SF

      Flushing Office Suites For Rent

      Prime commercial space in the heart of Flushing, Main Street.
      41-60 Main St, Flushing, NY 11355
      View Details
    • $60 SF/Yr
      25,936 SF

      Flushing Office Suites For Rent

      Prime commercial space in the heart of Flushing, Queens.
      41-60 Main St, Flushing, NY 11355
      View Details
    • $60 SF/Yr
      25,936 SF

      Flushing Office Suites For Rent

      Prime commercial space in the heart of Flushing, NY.
      41-60 Main St, Flushing, NY 11355
      View Details
    • New
      $6,000 /Mo

      Prime Flushing Medical/Clinic Space

      Ground floor medical/clinic space in downtown Flushing with high visibility.
      137-10 Franklin Ave, Flushing, NY 11354
      View Details
    • $8,000 /Mo

      Jamaica Retail Space For Rent

      Prime commercial space in the heart of Jamaica, Queens.
      172-18 Jamaica Ave, Jamaica, NY 11432
      View Details
    • $5,000 /Mo

      Renovated Commercial Condo in Flushing

      3,327 SF commercial condo ideal for various uses.
      32-16 137Th St, Flushing, NY 11354
      View Details
    • $7,000 /Mo
      45,999 SF

      Prime Flushing Commercial Space

      Located in the heart of Downtown Flushing's commercial district.
      39-16 Prince St, Flushing, NY 11354
      View Details
    • $7,000 /Mo

      Renovated Office Space in Flushing

      Move-in ready office space in a prime Flushing location.
      142-28 38Th Ave, Flushing, NY 11354
      View Details
    • $3,800 /Mo
      1,246 SF

      Jamaica Retail/Office Space Available

      950 sqft store/office for rent in Jamaica, NY.
      146-06 Liberty Ave, Jamaica, NY 11435
      View Details
    • New
      $1,750 /Mo
      450 SF

      Flushing Commercial Space for Lease

      Retail or office space with high visibility and traffic.
      36-22 Union St, Flushing, NY 11354
      View Details

    FAQs

    What type of property is this?
    Retail property - Queens Retail Space: 1,248 - 13,000 SF Available
    Where is this retail property located?
    The property is located at 218-25 Hempstead Ave Queens, NY.
    What are key features of this property?
    This property features: Former Rite-Aid Pharmacy Building; High-visibility corner lot; Suitable for a variety of uses including educational, medical, automotive, parking, office, or distribution.
    Request Owner's contact information
    218-25 Hempstead Ave Queens, NY 11429
    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.
    218-25 Hempstead Ave
    Queens, NY 11429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    218-25 Hempstead Ave Queens, NY 11429
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.