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    Property profile & analytics

    83-15 Parsons Blvd Queens, NY 11432

    • Retail properties
    • 32,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Filzas Medical Center / Community Health Centre

    Property Details for 83-15 Parsons Blvd

    Year built
    2023
    Property size
    32,000 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional commercial property offers multiple leasing options in a brand-new, four-story building located at 83-15 Parsons Boulevard, Queens, NY 11432, near Grand Central Parkway. The building, completed in 2023, boasts 32,000 square feet of space, with individual units ranging from a minimum of 2,112 square feet to a maximum contiguous space of 4,812 square feet. The property is zoned R5D, C1-2 and is ideal for a variety of uses, including traditional office, medical office, creative office, coworking, and executive office spaces. One available ground floor unit, #3, offers 2,112 square feet and features two large glass windows. This unit can be combined with an adjacent lower-level space of 3,000 square feet, providing a total of 5,112 square feet. The lower level has a separate exterior entrance. Ceiling heights vary

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Suffolk
    State
    New York
    Longitude
    -73.8077
    Latitude
    40.7153

    Comparable in this City

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      59,500 SF

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      1,300 SF

      166-24 Jamaica Ave

      Medical offices • 1,300 SF
      166-24 Jamaica Ave, Queens, NY 11432
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    • Value Estimation by Request
      86,000 SF

      162-21 Jamaica Ave

      Medical offices • 86,000 SF
      162-21 Jamaica Ave, Queens, NY 11432
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    83-15 Parsons Blvd
    Queens, NY 11432
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    Realmo Value Estimation

    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.

    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.

    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
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