79-32 Metropolitan Ave, Queens, NY 11379
This exceptional mixed-use property, located at 79-32 Metropolitan Avenue in Middle Village, Queens, presents a unique investment opportunity. The 9,100 square foot building is currently vacant and offers versatile space ideal for a variety of uses, including medical offices, restaurants, retail establishments, or general office space. The property boasts high visibility due to its prime Metropolitan Avenue location. The building comprises two structures, featuring a 5,600 square foot warehouse, a 2,000 square foot mezzanine, 750 square feet of retail space, and a 750 square foot apartment. The building's zoning is R5 and C2-3, allowing for a range of potential uses. Additional features include a 20-foot roof height. The asking price is $2,798,000, translating to $307.47 per square foot. This property is perfect for a 1031 exchange. The block and lot number is 03780-0023. This is a rare opportunity to acquire a substantial, well-located property in a thriving Queens neighborhood. Don't miss out on this chance to own a piece of Middle Village's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.