Property summary
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.
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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