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    59-15 71 Ave Queens, NY 11385

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 59-15 71 Ave

    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8993
    Latitude
    40.7008

    Comparable in this City

    • Value Estimation by Request
      4,768 SF

      69-20 Myrtle Ave

      Day care centers • 4,768 SF
      69-20 Myrtle Ave, Queens, NY 11385
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    • Value Estimation by Request
      6,800 SF

      62-42 Frst Ave

      Restaurants • 6,800 SF
      62-42 Frst Ave, Queens, NY 11385
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    • Value Estimation by Request
      138,204 SF

      350 St Nicholas Ave

      Restaurants • 138,204 SF
      350 St Nicholas Ave, Queens, NY 11385
      View Details
    • Value Estimation by Request
      1,500 SF

      69-06 Myrtle Ave

      Restaurants • 1,500 SF
      69-06 Myrtle Ave, Queens, NY 11385
      View Details
    • Value Estimation by Request

      176 Woodward Ave

      Restaurants
      176 Woodward Ave, Queens, NY 11385
      View Details
    • Value Estimation by Request
      2,000 SF

      1680 Madison St

      Restaurants • 2,000 SF
      1680 Madison St, Queens, NY 11385
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      832 SF

      Ridgewood Commercial Space with Kitchen

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    • $325,000
      3,441 SF

      Established Deli & Catering Business

      Turnkey deli and catering business for sale in Glendale.
      8019 Myrtle Ave, Glendale, NY 11385
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    • $2,500,000
      0.05 Acres

      Ridgewood Multifamily Restaurant Investment

      Restaurant and apartments near subway and shopping in Ridgewood.
      59-09 71St Ave, Ridgewood, NY 11385
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    • $2,600,000
      5,000 SF

      Prime Ridgewood Retail Opportunity

      Recently renovated retail building with excellent transit access and future potential.
      5738 Myrtle Ave, Ridgewood, NY 11385
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    • $1,650,000

      Mixed-Use Property in Queens

      Mixed-use property featuring a restaurant, bakery, and residential units.
      55-01 Metropolitan Ave, Flushing, NY 11385
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    • $5,250,000
      12,326 SF

      Myrtle Ave Mixed-Use Redevelopment

      Prime Ridgewood location, high potential.
      60-95 Myrtle Ave, Ridgewood, NY 11385
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    Similar Nearby for Lease

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      374,000 SF

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      Ridgewood Commercial Space For Lease

      Versatile commercial space in Ridgewood with parking and subway access.
      6241 Forest Ave, Ridgewood, NY 11385
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    • New
      $50 SF/Yr
      3,872 SF

      Prime Retail Space in Ridgewood

      Highly visible corner lot suitable for various commercial uses.
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    • $30 SF/Yr
      5,000 SF

      Glendale Retail Space - Myrtle & Cooper

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    • Contact for pricing
      6,405 SF

      Glendale Retail Space - Myrtle Ave

      Prime Glendale retail space available. New construction, 6,405 sq ft.
      74-68 Myrtle Ave, Queens, NY 11385
      View Details
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    59-15 71 Ave
    Queens, NY 11385
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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
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