12-20 Astoria Blvd, Queens, NY 11102
This exceptional 2,800 square foot retail space is located in a brand new building at 12-20 Astoria Blvd, situated on a desirable corner lot. The property boasts dual exposures, providing excellent visibility and accessibility from both Astoria Boulevard's vibrant retail corridor and 14th Street. This space is part of a larger development, specifically the ground floor of a ten-unit residential building, offering a unique opportunity for a business seeking high foot traffic and a strong presence in a thriving neighborhood. The building was completed in 2023, ensuring modern amenities and a contemporary aesthetic. The space is currently available for lease and is suitable for a variety of uses, including medical office, traditional office, or creative office tenants. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime retail location offers. The space's size and location make it ideal for businesses seeking a prominent and easily accessible storefront in a bustling area. This is a rare opportunity to secure a space in a newly constructed building with excellent visibility and a strong potential for growth.
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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.
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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.