37-01 24Th Ave Queens, NY 11103
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.
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.