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    23-11 21St Ave Queens, NY 11105

    For Sale
    $799,000

    1,700 SF, 2 parking spaces, tax abatement

    Property size:
    1,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,700 square foot commercial property at 23-11 21st Ave in Queens, NY, presents a unique investment opportunity. Located in Queens County, zip code 11105, this Class B building, constructed in 2008, offers a versatile space suitable for a daycare or traditional office use. The property features a main area of approximately 1,700 square feet, complemented by two additional storage units totaling over 300 square feet. Two convenient parking spaces are included, accessible via a rear entrance. A private front entrance provides easy access to the main space, which includes a large open area, a kitchen, two full bathrooms, and two smaller office/rooms. An interior stairway leads to the upper-level storage units. The property boasts a handicap-accessible design, a security alarm system, and is in excellent condition. Low common charges of $396.59 per month cover the facility, storage units, and parking. Annual property taxes are under $4,000, significantly reduced by a tax abatement extending until 2035. This 0.46-acre lot, part of a four-story building, offers a prime location and significant long-term value. The property is available for $799,000 and is ideal for owner-users or investors.

    Property Features for 23-11 21St Ave

    General Information

    Property type
    Day care centers
    Square Feet
    1,700 SF
    Class
    B
    Lot Size
    20,038 SF

    Building Details

    Year Built
    2008
    Stories
    4
    Units
    1

    HighLights

    • 1,700 SF commercial space at 23‑11 21st Ave, Queens, NY 11105.
    • Class B building, built in 2008, suitable for daycare or office use.
    • Includes 1,700 SF main area, 300+ SF storage, and 2 parking spaces.
    • Features private entrance, kitchen, 2 full baths, 2 smaller offices, and handicap accessibility.
    • $799,000 asking price; low common charges ($396.59/month) and property taxes (under $4,000/year due to tax abatement until 2035).
    Property Profile Location Intelligence

    Current Use by Public Records

    OtterTax Software Company 21 Plaza Laundromat Dry Cleaner YSEE Corporate Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.9130504
    Latitude
    40.7815625

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    FAQs

    What type of property is this?
    Day care center - 1,700 SF, 2 parking spaces, tax abatement
    Where is this day care center located?
    The property is located at 23-11 21St Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 1,700 SF commercial space at 23-11 21st Ave, Queens, NY 11105.; Class B building, built in 2008, suitable for daycare or office use.; Includes 1,700 SF main area, 300+ SF storage, and 2 parking spaces.
    Request Owner's contact information
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    Queens, NY 11105
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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
    23-11 21St Ave Queens, NY 11105
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