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    54-30 Myrtle Ave Queens, NY 11385

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    For Lease
    Contact for pricing

    Myrtle Ave Retail - Multiple Units Available

    Lot size:
    27,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 54-30 Myrtle Avenue in Queens, New York, offers 27,500 square feet of completely vacant space, ideal for multiple tenants. The building is zoned for fitness and street retail uses, presenting a unique opportunity for businesses seeking high-visibility locations in a vibrant Queens neighborhood. The property boasts a flexible layout, allowing for spaces ranging from a minimum of 5,000 square feet to a maximum contiguous space of 22,500 square feet. This adaptability makes it suitable for a variety of retail concepts, from smaller boutiques to larger fitness centers or other similar businesses. The property's strategic location on Myrtle Avenue in Queens County, New York (zip code 11385) ensures high foot traffic and excellent visibility. With its ample square footage and versatile design, this property presents a compelling investment opportunity for businesses seeking a prominent presence in a thriving commercial area. The entire 27,500 square feet is currently available for lease, providing a blank canvas for a new tenant or a group of synergistic businesses. The property's location offers easy access to major transportation routes, further enhancing its appeal to both businesses and customers. This is a rare opportunity to secure a significant retail presence in a highly desirable Queens location.

    Property Features for 54-30 Myrtle Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,500 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    22,500 SF
    Space
    Mezzanine
    Size
    5,000 SF

    HighLights

    • High‑demand big‑box space near Myrtle‑Wyckoff intersection.
    • Prime Ridgewood, Queens location on a high‑traffic block.
    • Excellent walkability to multiple residential communities.
    • Convenient Madison Street loading with designated zone.
    • Rental rate available upon inquiry.
    • High ceilings (15‑25 ft.) on the ground floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -73.909436
    Latitude
    40.6993051

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    FAQs

    What type of property is this?
    Individual retail property - Myrtle Ave Retail - Multiple Units Available
    Where is this individual retail property located?
    The property is located at 54-30 Myrtle Ave Queens, NY.
    What are key features of this property?
    This property features: High-demand big-box space near Myrtle-Wyckoff intersection.; Prime Ridgewood, Queens location on a high-traffic block.; Excellent walkability to multiple residential communities.
    Request Owner's contact information
    54-30 Myrtle Ave Queens, NY 11385
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    Queens, NY 11385
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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
    54-30 Myrtle Ave Queens, NY 11385
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