35-16 Ditmars Blvd, Queens, NY 11105
This exceptional 1,042 sq. ft. retail space, currently occupied by a bubble tea shop, is ideally situated at 35-16 Ditmars Boulevard in Astoria, Queens, NY 11105. The property boasts a single-tenant occupancy with a monthly rent of $7,000. The tenant is responsible for one-third of the annual real estate taxes, which approximate $3,300. Utilities such as gas, electricity, and water are also the tenant's responsibility, while heat is provided by the landlord. A significant advantage is the inclusion of a sizable basement area, offering ample storage or additional operational space. Furthermore, the property features a private yard with a separate entrance, providing extra outdoor space and potential for various uses. This prime location in Astoria offers high visibility and foot traffic, making it an attractive investment opportunity for discerning buyers. The property's strong tenant occupancy and desirable features make it a compelling proposition in a vibrant and growing market. The combination of a stable income stream and valuable additional space makes this a truly unique offering.
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.