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    63-34 Austin St Queens, NY 11374

    Sponsored
    For Lease
    Contact for pricing

    Prime Rego Park flex space; ideal for diverse businesses.

    Lot size:
    8,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,100-square-foot single-tenant flex building, constructed in 1946, presents a unique opportunity in Rego Park. The property boasts a versatile layout perfect for a variety of commercial uses, blending retail and industrial functionality. The space features a column-free design, providing maximum flexibility for tenant improvements and efficient workflow. A significant advantage is the inclusion of one drive-in door, simplifying loading and unloading operations. The 10-foot ceiling height adds to the spacious feel and allows for ample storage or specialized equipment. Power is readily available with a 650 AMP service. While there are no elevators, the single-story design ensures easy accessibility throughout the building. Its location in a high-traffic area provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence. This property offers a blend of functionality and prime location, providing a competitive edge for businesses looking to thrive in a dynamic neighborhood. The building's adaptable design and convenient features make it an exceptional opportunity for growth and success.

    Property Features for 63-34 Austin St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,100 SF

    Building Details

    Year Built
    1946

    Unit(s) available at that property

    Space
    Size
    8,100 SF

    HighLights

    • 8,100 SF flex space, suitable for retail or industrial use.
    • Single‑tenant occupancy.
    • Built in 1946.
    • 10‑foot ceiling height.
    • One drive‑in door.
    • 650 AMP power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.8653986
    Latitude
    40.7275905

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    FAQs

    What type of property is this?
    Flex space - Prime Rego Park flex space; ideal for diverse businesses.
    Where is this flex space located?
    The property is located at 63-34 Austin St Queens, NY.
    What are key features of this property?
    This property features: 8,100 SF flex space, suitable for retail or industrial use.; Single-tenant occupancy.; Built in 1946.
    Request Owner's contact information
    63-34 Austin St Queens, NY 11374
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    Queens, NY 11374
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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
    63-34 Austin St Queens, NY 11374
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