23-11 21St Ave, Queens, NY 11105
This exceptional 1,700 square foot commercial property at 23-11 21st Ave in Queens, NY, presents a unique investment opportunity. Located in Queens County, zip code 11105, this Class B building, constructed in 2008, offers a versatile space suitable for a daycare or traditional office use. The property features a main area of approximately 1,700 square feet, complemented by two additional storage units totaling over 300 square feet. Two convenient parking spaces are included, accessible via a rear entrance. A private front entrance provides easy access to the main space, which includes a large open area, a kitchen, two full bathrooms, and two smaller office/rooms. An interior stairway leads to the upper-level storage units. The property boasts a handicap-accessible design, a security alarm system, and is in excellent condition. Low common charges of $396.59 per month cover the facility, storage units, and parking. Annual property taxes are under $4,000, significantly reduced by a tax abatement extending until 2035. This 0.46-acre lot, part of a four-story building, offers a prime location and significant long-term value. The property is available for $799,000 and is ideal for owner-users or investors.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.