8409 Queens Blvd Elmhurst, NY 11373
This exceptional Elmhurst office space, totaling 1,336 square feet, presents a lucrative investment opportunity. Strategically located at 8409 Queens Boulevard, Unit 1A+1B, this property boasts a prime location with high foot traffic and easy accessibility. The space is currently configured as a doctor's office, comprising two units: Unit 1A (655 sq ft) and Unit 1B (681 sq ft), each contributing to the overall functionality and potential rental income. Its convenient proximity to the R and M subway lines, as well as bus routes Q58 and Q59, ensures excellent commuting options for employees and clients alike. The surrounding area offers a wealth of amenities, including ample shopping and dining choices, with a Stop & Shop supermarket conveniently located nearby. The property benefits from a tax abatement, significantly reducing ownership costs. The space is in move-in condition, minimizing upfront investment and allowing for immediate occupancy or lease commencement. This turnkey office space is ideal for a variety of medical or professional practices, seeking a well-established and highly accessible location in the thriving Elmhurst community. The combination of prime location, existing tenancy, and tax benefits makes this a compelling investment prospect.
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
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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.