Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    18-01 Decatur St Queens, NY 11385

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18-01 Decatur St Queens, NY 11385

    View on Map
    • Warehouses
    • 2,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 18-01 Decatur St

    Property size
    2,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional offering presents a rare opportunity to acquire a thriving wholesale business alongside its 2,000 square foot warehouse located at 18-01 Decatur St, Queens, NY 11385. The property boasts M1-4D zoning, allowing for significant expansion potential. With 2,500 square feet of lot size and an impressive 3,000 square feet of available air rights, the total buildable area is 4,998 square feet (buyer to verify with their own architect). The existing warehouse features a 13-foot ceiling height and includes two parking spaces. The business itself has a strong track record, operating for over 25 years with established trading partners and exclusive US market brands, generating annual gross sales of $1,450,000. The asking price for the entire package is $2,075,000, representing a price per square foot of $1,037.50 and a price per unit of $2,075,000. The property is a single-tenant, NNN lease. Its convenient corner location in Ridgewood offers easy access to the L and M subway lines. This is a turnkey opportunity for an investor seeking both immediate income and substantial long-term growth potential. The buyer is responsible for verifying all zoning information and permitted uses with the appropriate authorities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8987
    Latitude
    40.6975

    Comparable in this City

    • Value Estimation by Request
      200,000 SF

      5900 Decatur St

      Life science properties • 200,000 SF
      5900 Decatur St, Ridgewood, NY 11385
      View Details
    • Value Estimation by Request

      17-17 Troutman St

      Refrigerated & Cold Storage
      17-17 Troutman St, Queens, NY 11385
      View Details
    • Value Estimation by Request
      42,500 SF

      69-07 69 Pl

      Distribution properties • 42,500 SF
      69-07 69 Pl, Queens, NY 11385
      View Details
    • Value Estimation by Request
      14,250 SF

      16-63 Cody Ave

      Distribution properties • 14,250 SF
      16-63 Cody Ave, Queens, NY 11385
      View Details
    • Value Estimation by Request
      9,600 SF

      65-17 68 Ave

      Distribution properties • 9,600 SF
      65-17 68 Ave, Queens, NY 11385
      View Details
    • Value Estimation by Request
      25,000 SF

      10-75 Irving Ave

      Distribution properties • 25,000 SF
      10-75 Irving Ave, Queens, NY 11385
      View Details

    Similar Nearby for Sale

    • $8,500,000
      18,313 SF

      Glendale Commercial Property with Yard

      18,313 SF commercial building with warehouse and yard.
      88-81 76Th Ave, Glendale, NY 11385
      View Details
    • $1,480,000

      Ridgewood Commercial Building For Sale

      Commercial building in central Ridgewood with retail or warehouse potential.
      60-60 Metropolitan Ave, Ridgewood, NY 11385
      View Details
    • Contact for pricing
      13,000 SF

      Glendale Warehouse with High Ceilings

      13,000 SF vacant warehouse with high ceilings for sale.
      8819 76Th Ave, Glendale, NY 11385
      View Details
    • Contact for pricing
      70,000 SF

      Maspeth Warehouse with Modern Offices

      60,000 SF warehouse with 5,000 SF modern offices.
      52-15 Flushing Ave, Maspeth, NY 11385
      View Details
    • Contact for pricing
      10,250 SF

      Ridgewood Corner Lot with Potential

      10,000 SF corner lot with retail potential.
      60-47 Metropolitan Ave, Ridgewood, NY 11385
      View Details
    • Contact for pricing
      2,880 SF

      Mixed-Use Property with Development Potential

      Mixed-use property featuring garage, office space, and development potential.
      20-17 Grove St, Ridgewood, NY 11385
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,500 SF

      Industrial Building with Interior Loading

      25,000 SF industrial building featuring interior loading docks.
      1075 Irving Ave, Ridgewood, NY 11385
      View Details
    • Contact for pricing

      Ridgewood Second Floor Office Space

      900 sq ft office space with private entrance.
      64-32 Shaler Ave, Queens, NY 11385
      View Details
    • Contact for pricing
      3,000 SF

      Ridgewood Warehouse with Office Space

      2,500 SF warehouse with 500 SF office space.
      5941 Linden St, Ridgewood, NY 11385
      View Details
    • Contact for pricing

      Versatile Warehouse and Office Spaces

      Flexible warehouse, storage, and office spaces with inclusive pricing.
      5900 Decatur St, Ridgewood, NY 11385
      View Details
    • Contact for pricing

      Creative Industrial Space For Rent

      Former factory transformed into a vibrant hub for artists.
      17-17 Troutman St, Queens, NY 11385
      View Details
    • $22 SF/Yr

      Ridgewood Warehouse with Loading Docks

      Heated warehouse space with loading docks near train station.
      5900 Decatur St, Ridgewood, NY 11385
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18-01 Decatur St
    Queens, NY 11385
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    18-01 Decatur St, Queens, NY, 11385

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!