43-20 52Nd St, sunnyside, NY 11104
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.
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
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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.