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Property profile & analytics
OFF-MARKET
Office Spaces

62-40 Frst Ave Queens, NY 11385

Property ID
Property summary
AI-generated overview

This exceptional 2,000 square foot office space, located on the second floor of a building near Metropolitan Avenue in Ridgewood, Queens, presents a unique investment opportunity. Ideal for medical practices or executive offices, this single-tenant space is completely turnkey and ready for immediate occupancy. The layout includes state-of-the-art exam rooms, perfectly suited for a medical practice, along with a well-designed reception area to welcome clients. A dedicated administrative office provides ample space for staff, while a spacious executive suite offers a private and comfortable workspace for senior personnel. The property also features a convenient half bathroom, enhanced by the inclusion of a separate shower facility. This prime location offers easy access to the vibrant Metropolitan Avenue, providing excellent visibility and convenient access for both staff and clients. The property's versatile design makes it suitable for a variety of professional uses, offering a blend of functionality and modern amenities. This is a rare opportunity to acquire a fully equipped, move-in ready office space in a highly desirable Queens location.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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