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    150Th Ave And 148 St Queens, NY 11430

    Sponsored
    For Lease
    Contact for pricing

    Prime Queens location, 3,000 sq ft, ample parking.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000 square foot medical office building, situated on a 4.3-acre lot in Queens County, New York, presents a unique investment opportunity. Located at 150th Avenue and 148th Street, zip code 11430, this single-tenant property boasts a 14-foot ceiling height and 32 total parking spaces. Its strategic location at the entrance to the newly renovated JFK International Airport terminals and cargo area provides unparalleled access to a high volume of foot traffic, including travelers, airport employees, and transportation personnel. The property benefits from the ongoing expansion and revitalization projects at JFK, ensuring a consistent flow of potential customers for the next 15 years, due to the thousands of construction workers present. The building's proximity to high-performing businesses, such as a 7-Eleven generating over $5.2 million in annual sales and a Wendy's exceeding $4.2 million, underscores the area's robust commercial activity. Further enhancing its appeal is the presence of the county's busiest Tesla EV charging station, catering to environmentally conscious consumers. This freestanding building offers significant potential for businesses seeking high visibility and access to a lucrative clientele within one of the nation's busiest airports. The property is zoned for medical office and street retail use.

    Property Features for 150Th Ave And 148 St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,000 SF

    HighLights

    • Conveniently located 10 minutes from JFK Airport.
    • Excellent visibility with pylon and monument signage opportunities.
    • High‑density employment area with 45,000 Port Authority employees nearby.
    • Strong co‑tenancy with high‑performing Wendy's and 7‑Eleven.
    • Large 4.3‑acre site for Building 110.
    • Features an EV charging station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.7889689
    Latitude
    40.6433507

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    FAQs

    What type of property is this?
    Individual retail property - Prime Queens location, 3,000 sq ft, ample parking.
    Where is this individual retail property located?
    The property is located at 150Th Ave And 148 St Queens, NY.
    What are key features of this property?
    This property features: Conveniently located 10 minutes from JFK Airport.; Excellent visibility with pylon and monument signage opportunities.; High-density employment area with 45,000 Port Authority employees nearby.
    Request Owner's contact information
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    Queens, NY 11430
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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
    150Th Ave And 148 St Queens, NY 11430
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