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    37-32 89 St Queens, NY 11372

    Sponsored
    For Sale
    $588,000

    2,714 SF Office, Prime Location

    Property size:
    2,714 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,714 square foot executive office space, built in 2022, is ideally situated in the vibrant Jackson Heights neighborhood of Queens, New York. Located at 37-32 89th Street, zip code 11372, this property offers unparalleled convenience and visibility. The space features a desirable community facility certificate of occupancy, making it suitable for a variety of uses, including healthcare centers or after-school programs. Boasting a 9-foot ceiling height, the office enjoys direct street access via two separate entrances, ensuring easy access for clients and staff. The building provides elevator and stair access, and an ADA-compliant bathroom is included for accessibility. Its prime location between two busy streets guarantees high visibility, and proximity to the 7 train station ensures convenient commuting options. The asking price is $588,000, with a monthly common area maintenance charge of $1,366. This eight-story building presents a unique opportunity to establish a thriving business in a high-traffic area. The property's versatility and prime location make it an exceptional investment opportunity.

    Property Features for 37-32 89 St

    General Information

    Property type
    Retail properties
    Square Feet
    2,714 SF

    Building Details

    Year Built
    2022
    Stories
    8

    HighLights

    • 2,714 SF executive office space, built in 2022, located at 37‑32 89th Street, Jackson Heights, Queens, NY 11372.
    • Desirable community facility certificate of occupancy allows for various uses, including healthcare and after‑school programs.
    • Features 9‑foot ceilings, two street‑level entrances, elevator and stair access, and an ADA‑compliant bathroom.
    • High visibility location between two busy streets, near the 7 train.
    • Asking price: $588,000, with $1,366 monthly CAM charges.
    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
    -73.8778676
    Latitude
    40.7494499

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    FAQs

    What type of property is this?
    Retail property - 2,714 SF Office, Prime Location
    Where is this retail property located?
    The property is located at 37-32 89 St Queens, NY.
    What is the asking price?
    The asking price for this property is $588,000.
    What are key features of this property?
    This property features: 2,714 SF executive office space, built in 2022, located at 37-32 89th Street, Jackson Heights, Queens, NY 11372.; Desirable community facility certificate of occupancy allows for various uses, including healthcare and after-school programs.; Features 9-foot ceilings, two street-level entrances, elevator and stair access, and an ADA-compliant bathroom.
    Request Owner's contact information
    37-32 89 St Queens, NY 11372
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    Queens, NY 11372
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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
    37-32 89 St Queens, NY 11372
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