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    22-61 45Th St Queens, NY 11105

    Sponsored
    For Lease
    Contact for pricing

    Prime Queens retail, multiple suites available.

    Lot size:
    9,578 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use retail property at 22-61 45th Street in Queens, New York, offers a unique investment opportunity. Located in Queens County, zip code 11105, this property boasts a total of 9,578 square feet across three separate suites. The flexible layout allows for various configurations, with a minimum divisible space of 1,688 square feet and the possibility of leasing the entire 9,578 square feet contiguously. Currently, there is a significant amount of vacant space available, presenting a prime opportunity for expansion or multiple tenants. The property's strategic location in Queens provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This is a rare chance to secure a substantial retail space in a thriving Queens neighborhood. The property is categorized as mixed-use, offering potential for diverse business applications. Interested parties are encouraged to inquire about lease terms and availability. The property's address is 22-61 45th Street, Queens, NY 11105.

    Property Features for 22-61 45Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,578 SF

    Unit(s) available at that property

    Space
    Space A (Courtyard)
    Size
    2,418 SF
    Space
    Space A (45th Street)
    Size
    9,578 SF
    Space
    Space B (46th Street)
    Size
    1,688 SF

    HighLights

    • 99 residential units upstairs.
    • Ideal for medical, daycare, fitness, or educational uses.
    • Features a courtyard/outdoor amenity space.
    • Suitable for a variety of commercial uses.
    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
    -73.9045865
    Latitude
    40.7693784

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    FAQs

    What type of property is this?
    Retail property - Prime Queens retail, multiple suites available.
    Where is this retail property located?
    The property is located at 22-61 45Th St Queens, NY.
    What are key features of this property?
    This property features: 99 residential units upstairs.; Ideal for medical, daycare, fitness, or educational uses.; Features a courtyard/outdoor amenity space.
    Request Owner's contact information
    22-61 45Th St Queens, NY 11105
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    Queens, NY 11105
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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
    22-61 45Th St Queens, NY 11105
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