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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

254-18 Northern Blvd Queens, NY 11362

11,800 SF Built 1934
Property ID
Property summary
AI-generated overview

This exceptional two-story, 11,800 square foot commercial building, constructed in 1934 and renovated in 1988, presents a unique investment opportunity in the heart of Flushing, NY. Located on Northern Boulevard, a high-traffic thoroughfare, this property boasts excellent visibility and convenient access to major highways and public transportation, ensuring easy commutes for employees and clients. The building is zoned R3-1, C2-2, allowing for a variety of uses, including traditional office, executive office, medical office, coworking spaces, and creative office environments. Currently, there is one 1,000 square foot space available for lease within the multi-tenant building. The building's prime location offers unparalleled convenience, with a wealth of amenities within easy reach. Employees and visitors will appreciate the proximity to a diverse range of restaurants, cafes, banks, and retail shops, ideal for lunch breaks or after-work activities. This versatile property is perfect for businesses seeking a prominent location in a thriving commercial district. The building's history and recent renovations combine classic charm with modern functionality, making it an attractive option for a wide range of tenants. The property's size and zoning flexibility offer significant potential for growth and expansion. Don't miss this chance to secure a valuable asset in a dynamic and rapidly developing area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1934
Total area 11,800 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
  • Donut Craft Bakery Discount Store
  • 퀸즈성결교회 Church Mosque
  • Tutti Music and Arts Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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