79-28 Metropolitan Ave Middle Village, NY 11379
This exceptional 14,000-square-foot commercial space, located at 79-28 Metropolitan Avenue, Middle Village, NY 11379 (cross street: 79th Street), presents a unique opportunity for a retail or restaurant business. The property, built in 1930 and extensively renovated in 2020, comprises two single-story buildings. The space includes a pre-existing bar with lighting and a kitchen with ample storage rooms. A full basement offers additional storage or customization potential. The property also features a 2,000 square foot mezzanine. With one parking space available, this location offers excellent visibility and accessibility in a vibrant community. The total annual property tax is $30,000. This is a single-tenant space ideal for businesses requiring significant operational space. The property is available for lease under a triple-net lease structure. This prime Middle Village location offers proximity to essential amenities and services, ensuring high foot traffic and a strong customer base. The layout is adaptable to suit various business needs, allowing for efficient space optimization. Don't miss this chance to establish your business in this thriving area.
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.