31-4 107 St Queens, NY 11369
This exceptional four-story commercial property, located at 31-4 107th Street in East Elmhurst, Queens County, NY 11369, offers a unique blend of retail and office space. Built in 2021, the building boasts a total of 4,179 square feet, with a single-tenant occupancy. The property features a prominent ground floor retail space with expansive glass frontage and a full basement, both offering open layouts ideal for various uses. The high ceilings (25 feet) on the ground floor allow for the potential addition of a mezzanine, significantly increasing usable space. The basement is also available for inclusion in the lease. One dedicated parking spot is available for the retail tenant. The building benefits from a strong local customer base in a tightly-knit community, fostering long-term tenant relationships. The 18-foot frontage along Astoria Boulevard ensures high visibility and accessibility. The property is zoned R6B/C2-3, offering flexibility for a range of commercial uses including traditional, executive, medical, and creative office spaces, as well as retail and restaurant options. This location provides easy access to Astoria Boulevard, offering excellent visibility and convenient transportation links.
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.