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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

37-01 24Th Ave Queens, NY 11103

Property ID
Property summary
AI-generated overview

This exceptional retail space, totaling approximately 1,250 square feet, presents a fantastic opportunity for a variety of businesses. Previously occupied by a deli, this versatile property is ideally suited for restaurants, offices, or other retail ventures. The main floor offers approximately 1,200 square feet of well-maintained space, perfect for customer interaction or office operations. A significant advantage is the inclusion of a spacious 500-square-foot basement, providing ample storage or additional workspace. The property is offered at a monthly rental rate of $5,000. The layout is flexible and adaptable to various business needs, making it an attractive option for entrepreneurs seeking a well-located and functional space. The property's previous use as a deli suggests existing infrastructure suitable for food service businesses, although this is not guaranteed and potential tenants should conduct their own due diligence. The single-tenant occupancy ensures exclusive use and control of the premises. This is a rare opportunity to secure a well-positioned retail space in a desirable location. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Retail properties & Spaces
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
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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