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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

116-60 Sutphin Blvd Queens, NY 11434

24,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 24,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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