95-04 37 Ave Jackson Hts Queens, NY 11372
This exceptional retail opportunity is located at 95-04 37th Avenue in the vibrant Jackson Heights neighborhood of Queens, New York. The property comprises a three-building complex constructed in 1931, featuring a total of 40,628 square feet across four stories. This listing focuses on a ground-level retail space, previously occupied by a restaurant, offering approximately 1,700 rentable square feet. The space includes a sizable basement area, adding significant storage or operational capacity. The property benefits from existing infrastructure, including a fully vented system, fire suppression, gas lines, and a walk-in refrigeration unit. Furthermore, a substantial amount of restaurant equipment remains from the previous tenant, presenting potential cost savings for suitable businesses. The space is zoned R6A, allowing for a variety of commercial uses. The monthly rent is $6,800. This is a direct offering from the owner, with no key money required. The location, between 95th Street and Warren Street, provides excellent visibility and accessibility within a bustling commercial district. This presents a unique chance to establish or expand a business in a high-traffic area of Jackson Heights.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.