Property profile

10-20 46Th Ave Queens, NY 11101

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional property located at 1020 46th Ave in Northwest Queens offers a rare opportunity to lease flexible commercial space ideal for a variety of businesses. The building features two available units, each providing ample square footage to accommodate diverse operational needs. One unit offers approximately 3,250 square feet, while the other provides approximately 3,500 square feet. The property's classification as both retail and industrial makes it suitable for a wide range of uses, from light manufacturing and warehousing to retail showrooms and offices. The location benefits from significant foot traffic, a key advantage for retail businesses seeking high visibility and customer interaction. Furthermore, its strategic position offers convenient access to Manhattan, situated within a 15-minute drive, making it an attractive option for businesses needing easy access to the city's central business district. This presents a unique opportunity to establish a presence in a thriving area with excellent connectivity and high pedestrian activity. The multiple tenancy structure allows for flexibility in lease terms and space configuration, catering to the specific requirements of prospective tenants. This property is an excellent investment for businesses seeking a versatile and well-located space in the dynamic Northwest Queens industrial submarket. Inquire today to learn more about lease terms and availability.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10-20 46Th Ave Queens, NY 11101
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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