116-60 Sutphin Blvd Queens, NY 11434
This exceptional 24,000-square-foot medical office building, located at 116-60 Sutphin Boulevard in Queens, New York, presents a unique investment opportunity. The property is situated in Queens County, zip code 11434, and offers a single-tenant occupancy. Currently, the entire 24,000 square feet is vacant, providing a blank canvas for a new tenant or a complete redevelopment. The property's zoning allows for a variety of uses, including retail, office, and restaurant spaces, making it highly versatile. The building's classification as a medical office building, combined with its pad site/drive-thru subtype, makes it particularly well-suited for medical practices requiring convenient patient access. This presents a significant advantage in attracting tenants seeking high visibility and easy accessibility. The property is available as a ground lease or build-to-suit (BTS) drive-thru site, offering flexibility to potential investors or developers. This prime location in Queens offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving community. The property's size and versatility make it ideal for a wide range of medical or commercial uses. Interested parties are encouraged to explore the potential of this exceptional property. Detailed information and site plans are available upon request.
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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.
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.