Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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