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Property profile

43-20 52Nd St sunnyside, NY 11104

OFF-MARKET
Retail properties & Spaces
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3,855 SF Built 2021

Property summary

AI-generated overview

This exceptional 3,855-square-foot retail storefront condo presents a unique investment opportunity in the vibrant Sunnyside neighborhood of Queens, New York. Located at 43-20 52nd Street, 1st Floor, Woodside, NY 11377, this brand-new, 2021-built property boasts a prime location just one block from the #7 train on Roosevelt Avenue, ensuring high visibility and accessibility. The property is currently vacant with an occupancy date of August 1, 2024, offering immediate potential for owner-users or investors. The asking price is $3,100,000, translating to $804.15 per square foot. This single-story building sits on a 5,000-square-foot lot and is zoned R6/C2-3, providing flexibility for a variety of uses. The significant advantage of a 25-year tax abatement makes this a highly attractive investment. Ideal for retail businesses, medical offices, or other owner-user scenarios. The property features 3,855 square feet of net rentable space. Don't miss this chance to acquire a thriving commercial space in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 3,855 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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