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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

221-04 58 Ave Queens, NY 11364

3,374 SF Built 1970
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Queens, NY, presents a compelling investment opportunity. Located at 221-04 58th Ave, this 3,374 square foot building sits on a 2,584 square foot lot and is zoned R4-1. Built in 1970, the property currently features a configuration including two duplex residential units and a dentist office. The residential component boasts six bedrooms and 4.5 bathrooms, offering significant rental income potential. A three-car driveway adds further convenience. Situated in the desirable Bayside #26 school district, this location provides easy access to top-rated schools, parks, restaurants, supermarkets, and public transportation (Q27, QM5, QM8, QM35 buses) and nearby highways. The asking price is $1,590,000, translating to $471.25 per square foot. This property's blend of residential and commercial space, prime location, and strong school district make it an attractive investment for both families and astute investors seeking a versatile and high-return asset. The property's corner lot location offers excellent visibility and accessibility.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 3,374 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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