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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

226-61 129Th Ave Springfield Gardens, NY 11413

0.12 ac lot Built 1945
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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