Technical
Financial
Distress signals
Property profile

226-61 129Th Ave Springfield Gardens, NY 11413

OFF-MARKET
Retail properties & Spaces
0.12 ac lot Built 1945
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 1945-built retail property located at 226-61 129th Avenue, Springfield Gardens, Queens County, New York, 11413. The property is situated on a 0.12-acre lot (5,227 square feet) and includes one parking space. The asking price is $689,000. While currently configured as a four-bedroom Cape style home, its zoning and location make it ideal for redevelopment or repurposing as a retail space. The property's convenient location offers easy access to major roadways, including the Belt Parkway, Cross Island Parkway, Southern State Parkway, and Springfield Boulevard, ensuring high visibility and accessibility for potential customers. The building requires some renovations and presents a unique chance for an investor to capitalize on the prime location and create a thriving retail business. The property's existing structure provides a solid foundation for a variety of retail ventures, and its proximity to transportation routes makes it an attractive proposition for both businesses and customers. This is a rare chance to acquire a retail property in a desirable Queens location at an attractive price point. Serious inquiries only.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1945
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

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

Location

226-61 129Th Ave Springfield Gardens, NY 11413
Springfield Gardens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 226-61 129Th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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