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Property profile

48-05 Metropolitan Ave Queens, NY 11385

OFF-MARKET
Retail properties & Spaces
10,755 SF
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Property summary

AI-generated overview

This exceptional 10,755 square foot commercial property, located at 48-05 Metropolitan Avenue in Queens, NY, presents a unique opportunity for businesses seeking flexible and expansive space. The property boasts a versatile layout suitable for executive office space or flexible industrial use, encompassing a total of 10,755 square feet currently available for lease. Situated on a generous 3.3-acre lot, the building features a substantial 16-foot ceiling height, providing ample room for various configurations and operations. The property is classified as Retail, Office, and Industrial, offering significant adaptability to a wide range of business needs. Three parking spaces are available on-site, and the building is equipped with elevators for convenient access to all levels. The property is located in Queens County, New York, with easy access to major transportation routes (specific details not provided). The entire building is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. This is an ideal location for businesses seeking a large, versatile space in a prime Queens location. The zip code is 11385. The property is offered as a multiple tenancy space.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,755 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • (Bike/Boat/Book/etc) Store
  • Warehouse & Storage

Location

48-05 Metropolitan Ave Queens, NY 11385
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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