124-11 Metropolitan Ave, Queens, NY 11415
This exceptional mixed-use property, located at 124-11 to 124-19 Metropolitan Avenue in Kew Gardens, Queens, New York, presents a compelling investment opportunity. The 14,000-15,000 square foot building, constructed in 1950 and extensively renovated in 2021, sits on an 11,524 square foot lot and offers a versatile blend of creative office, executive office, and storefront spaces. The two-story structure includes an ADA-compliant elevator and provides 19 off-street parking spaces, a significant advantage in this location. The property is zoned R4A, allowing for a variety of uses. Its prime location on a highly trafficked section of Metropolitan Avenue ensures excellent visibility and accessibility. The property benefits from proximity to major highways (Grand Central Parkway, Van Wyck Expressway, Belt Parkway, Brooklyn Queens Expressway, Union Turnpike, Queens Boulevard, and Jackie Robinson Parkway), public transportation (Q54 bus and Kew Gardens train station), and airports (JFK and LaGuardia). This value-add investment is ideal for owner-users or investors seeking a strong return. High-end finishes throughout enhance the property's appeal. The building's unique layout and strategic location make it suitable for a wide range of businesses. This is a rare opportunity to acquire a well-maintained, versatile property in a thriving Queens neighborhood.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.