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Property profile & analytics
OFF-MARKET
Office Spaces

8211 37Th Ave Queens, NY 11372

139,124 SF Built 1938
Property ID
Property summary
AI-generated overview

Heritage Tower, located at 82-11 37th Avenue in Jackson Heights, Queens, offers a unique opportunity for businesses seeking flexible office space. This ten-story, Class B building, originally constructed in 1938 and extensively renovated in 2021, boasts 139,124 square feet of total space. Multiple tenancy options are available, ranging from 450 square feet to a maximum contiguous space of 11,129 square feet, catering to diverse business needs. The building benefits from a prime location, just one block from the 82nd Street #7 subway station and easily accessible via multiple subway lines (7, E, F, M, R) and bus routes. A recent $4 million capital improvement program has modernized the building's facade, lobby, elevator cabs, and restrooms. Onsite parking is available in a third-party garage on the second and third floors. Tenants can enjoy amazing 360-degree views, particularly from the eighth floor, which offers the potential for full-floor identity. The lower level offers a large contiguous space with the possibility of a dedicated street-level entrance and lobby. Shared conference rooms on the lower level may be available based on tenant demand. This is a rare opportunity to secure office space in a thriving Queens location.

Property profile
Verified
Property type Office Spaces
Year built 1938
Total area 139,124 SF
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
Current use
Occupant on record · Public records
  • Accidentazo Inc Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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