Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    36-13 36Th Ave Queens, NY 11106
    Back to Search
    Property profile & analytics

    36-13 36Th Ave Queens, NY 11106

    View on Map
    • Warehouses
    • 34,000 SF
    • 0.26 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Capoeira Training Center / Training Center / Sports School

    Property Details for 36-13 36Th Ave

    Lot size
    0.26 lot acres
    Property size
    34,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 36-13 36th Ave in Queens, NY 11106, offers 6,500 square feet of immediately available flex space within a larger 34,000 square foot multi-story commercial building. The space is part of a larger building with multiple tenants and is situated on a 0.26-acre lot. The property is zoned M-1, providing flexibility for a variety of industrial uses, including flex, warehouse, manufacturing, and distribution. The unit offers 200 amps of power. The address is conveniently located near the intersection of 36th Avenue and 36th Street in Queens County. While there are no dedicated parking spaces on-site, the property's location offers convenient access to public transportation and major roadways. Property taxes are $0 per square foot. This is an excellent opportunity for businesses seeking a versatile and well-located industrial space in a thriving Queens neighborhood. The minimum divisible space is 6,500 square feet, making it ideal for a variety of business needs. This space is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9253
    Latitude
    40.7545

    Comparable in this City

    • Value Estimation by Request
      35,100 SF

      36-20 34Th St

      Refrigerated & Cold Storage • 35,100 SF
      36-20 34Th St, Long Island City, NY 11106
      View Details
    • Value Estimation by Request
      10,200 SF

      34-51 Vernon Blvd

      Manufacturing properties • 10,200 SF
      34-51 Vernon Blvd, Queens, NY 11106
      View Details
    • Value Estimation by Request
      9,250 SF

      35-55 Vernon Blvd

      Distribution properties • 9,250 SF
      35-55 Vernon Blvd, astoria, NY 11106
      View Details
    • Value Estimation by Request
      2,500 SF

      35-21 9Th St

      Distribution properties • 2,500 SF
      35-21 9Th St, Queens, NY 11106
      View Details
    • Value Estimation by Request
      2,000 SF

      34-26 31St St

      Manufacturing properties • 2,000 SF
      34-26 31St St, Queens, NY 11106
      View Details
    • Value Estimation
      $1,535,000
      13,000 SF

      3615 23rd St

      WAREHOUSE, STORAGE • 13,000 SF
      3615 23rd St, Long Island City, NY 11106-4405
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Prime Location Flex Warehouse/Retail

      Flex warehouse/retail space with great exposure on 31st Street.
      34-26 31St St, Queens, NY 11106
      View Details
    • Contact for pricing
      4,900 SF

      Astoria Factory/Warehouse Opportunity

      4,900 SF factory/warehouse in Astoria, delivered vacant.
      34-15 10Th St, Astoria, NY 11106
      View Details
    • Contact for pricing
      4,000 SF

      Long Island City Warehouse Space

      Warehouse space with loading dock, high ceilings, and offices.
      43-39 35Th St, Long Island City, NY 11106
      View Details
    • Contact for pricing
      2,500 SF

      Astoria Warehouse with Drive-In Door

      2,500 SF warehouse with convenient access to Manhattan.
      3521 9Th St, Astoria, NY 11106
      View Details
    • Contact for pricing
      20,000 SF

      Long Island City Warehouse Opportunity

      20,000 SF warehouse with office space in Long Island City.
      42-26 13Th St, Long Island City, NY 11106
      View Details
    • Contact for pricing
      2,125 SF

      Astoria Flex Space For Sale

      2,125 SF flex space in a qualified opportunity zone.
      33-72 11Th St, Astoria, NY 11106
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,000 SF

      Long Island City Flex Space

      Flex space available in Long Island City for rent.
      35-10 36Th Ave, Long Island City, NY 11106
      View Details
    • $18 SF/Yr
      26,000 SF

      Two-Story Warehouse Space Available

      26,000 SF two-story warehouse near Roosevelt Island bridge.
      3440 11Th St, Astoria, NY 11106
      View Details
    • Contact for pricing

      Renovated Warehouse with Drive-In Doors

      Renovated warehouse featuring two drive-in doors and office mezzanine.
      31-54 12Th St, Long Island City, NY 11106
      View Details
    • Contact for pricing

      Long Island City Warehouse Space

      Warehouse with Automotive Certificate of Occupancy in Long Island City.
      36-49 34Th St, Long Island City, NY 11106
      View Details
    • Contact for pricing
      7,500 SF

      Astoria Warehouse with Executive Offices

      7,000 SF warehouse with 500 SF executive offices.
      34-21 10Th St, Astoria, NY 11106
      View Details
    • Contact for pricing

      Full Floor Office/Flex Space

      Full floor office/flex space suitable for various uses.
      36-32 34Th St, Queens, NY 11106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36-13 36Th Ave
    Queens, NY 11106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    36-13 36Th Ave, Queens, NY, 11106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!