Property profile

70-09 45Th Ave Queens, NY 11377

OFF-MARKET
Retail properties & Spaces
2,844 SF
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Property summary

AI-generated overview

This exceptional 2,844 square foot commercial condominium unit presents a remarkable investment opportunity in the vibrant Queens, New York market. Located at 70-09 45th Avenue 1C, this lower-level space within a brand-new building offers unparalleled versatility, ideal for a diverse range of businesses. The unit boasts two half-bathrooms and convenient kitchenette hookups, enhancing its functionality and appeal. Annual property taxes are $4,697.88, and the monthly maintenance fee is $1,279.49. Owner financing is available at a 6% interest rate (subject to change), making this property even more accessible. The expansive 10,846 square foot lot provides ample space, and additional parking is available for separate purchase. This prime location in Queens offers exceptional convenience, with easy access to various transportation options, parks, schools, banks, and supermarkets. This is a truly exceptional opportunity to establish or expand your business in a thriving and well-connected community. The ceiling height is noted as "Other" in the property records.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,844 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Daycare Center

Location

70-09 45Th Ave Queens, NY 11377
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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