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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

54-30 Myrtle Ave Queens, NY 11385

27,500 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 54-30 Myrtle Avenue in Queens, New York, offers 27,500 square feet of completely vacant space, ideal for multiple tenants. The building is zoned for fitness and street retail uses, presenting a unique opportunity for businesses seeking high-visibility locations in a vibrant Queens neighborhood. The property boasts a flexible layout, allowing for spaces ranging from a minimum of 5,000 square feet to a maximum contiguous space of 22,500 square feet. This adaptability makes it suitable for a variety of retail concepts, from smaller boutiques to larger fitness centers or other similar businesses. The property's strategic location on Myrtle Avenue in Queens County, New York (zip code 11385) ensures high foot traffic and excellent visibility. With its ample square footage and versatile design, this property presents a compelling investment opportunity for businesses seeking a prominent presence in a thriving commercial area. The entire 27,500 square feet is currently available for lease, providing a blank canvas for a new tenant or a group of synergistic businesses. The property's location offers easy access to major transportation routes, further enhancing its appeal to both businesses and customers. This is a rare opportunity to secure a significant retail presence in a highly desirable Queens location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 27,500 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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