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    62-40 Frst Ave Queens, NY 11385

    Sponsored
    For Lease
    $30 SF/Yr

    Turnkey Medical/Executive Office, 2000 sq ft

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,000 square foot office space, located on the second floor of a building near Metropolitan Avenue in Ridgewood, Queens, presents a unique investment opportunity. Ideal for medical practices or executive offices, this single-tenant space is completely turnkey and ready for immediate occupancy. The layout includes state-of-the-art exam rooms, perfectly suited for a medical practice, along with a well-designed reception area to welcome clients. A dedicated administrative office provides ample space for staff, while a spacious executive suite offers a private and comfortable workspace for senior personnel. The property also features a convenient half bathroom, enhanced by the inclusion of a separate shower facility. This prime location offers easy access to the vibrant Metropolitan Avenue, providing excellent visibility and convenient access for both staff and clients. The property's versatile design makes it suitable for a variety of professional uses, offering a blend of functionality and modern amenities. This is a rare opportunity to acquire a fully equipped, move-in ready office space in a highly desirable Queens location.

    Property Features for 62-40 Frst Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $30

    HighLights

    • Prime 2nd floor, 2,000 sq. ft. office space in Ridgewood, Queens.
    • Suitable for medical or traditional office use.
    • Single‑tenant occupancy.
    • Features exam rooms, reception area, administrative office, executive suite, and a half bath with shower.
    • Located near Metropolitan Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Electro-Optical Products Corporation Electronics Manufacturer

    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
    -73.9060519
    Latitude
    40.7122495

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    FAQs

    What type of property is this?
    Medical office - Turnkey Medical/Executive Office, 2000 sq ft
    Where is this medical office located?
    The property is located at 62-40 Frst Ave Queens, NY.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Prime 2nd floor, 2,000 sq. ft. office space in Ridgewood, Queens.; Suitable for medical or traditional office use.; Single-tenant occupancy.
    Request Owner's contact information
    62-40 Frst 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
    62-40 Frst Ave Queens, NY 11385
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