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    OFF-MARKET
    Retail properties & Spaces

    43-20 52Nd St, sunnyside, NY 11104

    3,855 SF Built 2021
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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