Property profile

48-18 Northern Blvd Queens, NY 11101

OFF-MARKET
Lifestyle centers
25,248 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 48-18 Northern Boulevard in Queens, New York, 11101. The property is a shopping center totaling 25,248 square feet, currently offering two vacant suites for lease. The space is highly versatile, with a minimum divisible unit size of 460 square feet and a maximum contiguous space of 24,788 square feet, allowing for a wide range of tenant needs. The property's convenient location on Northern Boulevard offers excellent visibility and accessibility for customers. Ample free rooftop parking is available for tenants and patrons, ensuring a convenient shopping experience. The property is situated in Queens County, New York, providing access to a thriving and densely populated market. This is an ideal location for businesses seeking high foot traffic and a strong customer base. The entire 25,248 square feet is currently available for lease, presenting a unique opportunity for a single large tenant or multiple smaller tenants. This property offers a rare chance to establish a significant retail presence in a prime Queens location. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Lifestyle centers
Total area 25,248 SF

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
  • Clothing & Fashion Store
  • Restaurant
  • Cafe & Coffee Shop
  • Restaurant
  • Restaurant Take-out & Catering

Location

48-18 Northern Blvd Queens, NY 11101
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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