Property profile

26-41 3Rd St Queens, NY 11102

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional retail opportunity presents two brand-new commercial spaces, ranging from 850 to 1,400 square feet, located within the highly sought-after Hallets Point neighborhood of Astoria, Queens. Situated at the base of a 60-unit luxury residential building, these spaces benefit from a built-in customer base and high foot traffic. The property boasts a generous 14,614 square foot lot size, classified as Class A and zoned R6. The development is a brand-new community facility, offering multiple tenancy options. Its prime location offers unparalleled convenience, with easy access to public transportation. The nearby 30th Avenue subway station provides access to the N and Q trains, while several bus lines (Q19, Q103, Q18, and Q102) are also within walking distance. This vibrant neighborhood is home to a thriving mix of established businesses and popular restaurants, including Brother's Pizza, Vesta Trattoria & Wine Bar, Brooklyn Harvest Market, Arcadia Bar & Kitchen, William & Willow, Trattoria Ora, Rite Aid, and McDonald's, ensuring high visibility and a strong customer base. The property's proximity to the waterfront adds to its appeal, offering a desirable location for businesses seeking a high-traffic, amenity-rich environment in a rapidly developing area of Queens County, New York, zip code 11102.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy

Location

26-41 3Rd St Queens, NY 11102
Queens metro
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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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