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    35-38 Junction Blvd Jackson Heights, NY 11368

    Sponsored
    For Lease
    $75 SF/Yr

    Prime Queens Retail/Office Opportunity

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,000 square foot ground floor space in Jackson Heights, Queens, presents a unique leasing opportunity. Located at 35-38 Junction Boulevard, this single-tenant property boasts 35 feet of frontage on a bustling retail corridor and a depth of 115 feet, offering significant visibility and accessibility. The space is currently vacant and ready for immediate occupancy. Zoned R6/C2-2, it's suitable for a variety of uses, including executive office space, retail, or even a restaurant, given its versatile layout. The property is part of a larger building, a 42-unit condo complex, and includes a private rear yard for exclusive tenant use. This prime location places your business at the heart of Jackson Heights' vibrant commercial district, ensuring high foot traffic and excellent exposure to a diverse customer base. The property's substantial size and flexible zoning make it an ideal choice for businesses seeking a prominent presence in a thriving Queens neighborhood. The 4,000 square feet is divided into two units, offering flexibility in layout and configuration to suit individual business needs. This is a rare opportunity to secure a significant retail presence in a highly desirable location.

    Property Features for 35-38 Junction Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    25000

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    4,000 SF
    Rate per SF
    $75

    HighLights

    • 4,000 square foot retail, office, and restaurant space available for lease.
    • Single‑tenant occupancy.
    • Located in Jackson Heights, Queens County.
    • Zoned R6/C2‑2.
    • Ground floor space with 35 feet of frontage on Junction Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Studio-SGI Ballet Production Ballet School

    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
    Jackson Heights
    County
    Queens
    State
    New York
    Longitude
    -73.8714477
    Latitude
    40.7521299

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    FAQs

    What type of property is this?
    Restaurant - Prime Queens Retail/Office Opportunity
    Where is this restaurant located?
    The property is located at 35-38 Junction Blvd Jackson Heights, NY.
    What is the lease rate?
    The lease rate is $75 SF/Yr.
    What are key features of this property?
    This property features: 4,000 square foot retail, office, and restaurant space available for lease.; Single-tenant occupancy.; Located in Jackson Heights, Queens County.
    Request Owner's contact information
    35-38 Junction Blvd Jackson Heights, NY 11368
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    Jackson Heights, NY 11368
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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
    35-38 Junction Blvd Jackson Heights, NY 11368
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