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    OFF-MARKET
    Retail properties & Spaces

    61-08 80 St, Queens, NY 11379

    9,550 SF Built 1939
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a vacant, 9,550 square foot salon located at 61-08 80th Street in Queens, New York, 11379. Built in 1939, this single-story building offers nine units and boasts a rich history as a well-established hair salon for over 12 years. The property is currently vacant, presenting a unique chance for an immediate return on investment. All equipment is paid off and in excellent condition, including a reception desk, office chair, hair washing stations, styling stations with mirrors, pedicure and manicure chairs and tables, waiting area seating, a washer and dryer, a dedicated lunch area with counter and high stools, an additional room in the rear, and a rentable basement space. The property is offered at an attractive asking price of $85,000 with a remaining lease term of 5 years. The previous tenant and their staff expressed interest in remaining, offering a potential for immediate occupancy and continued revenue generation. This property is ideal for an experienced salon owner or an investor seeking a strong foothold in a vibrant Queens community. The location provides excellent visibility and accessibility, making it an attractive destination for clientele. This is a turnkey opportunity to acquire a fully equipped and established salon space ready for immediate operation.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1939
    Total area 9,550 SF
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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