Property summary
Glen Oaks Shopping Center presents a unique investment opportunity in Queens County, New York. This established retail and medical office complex, totaling 187,650 square feet, offers a diverse range of spaces for lease. The property comprises three buildings situated on a 21.23-acre lot, strategically located near the Queens-Nassau County border at 255-01 Union Tpke, Queens, NY 11004. Originally constructed in 1948 and extensively renovated in 1995, the property boasts a total of 5 suites across its five stories. Spaces range from a minimum of 251 square feet to a maximum contiguous area of 6,500 square feet, catering to various business needs. Currently, 17,941 square feet are available for lease. Ample parking is provided with 609 spaces. The property's prime location and substantial size make it an ideal investment for businesses seeking a well-established presence in a thriving community. The property's history and recent renovations ensure a blend of character and modern functionality. This multi-tenant property offers a strong potential for rental income and long-term growth. The property's convenient location and extensive parking make it attractive to both tenants and customers.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Bank Credit Union
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Physician
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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