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    OFF-MARKET
    Specialty properties

    75-58 113Th St, Forest Hills, NY 11375

    926 SF 0.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This Forest Hills, NY commercial condo offers 926 square feet of versatile space, ideal for medical or related uses. Located at 75-58 113th Street, Units C & D, this cellar-level property boasts two units (sold together) with the option to combine or use separately. Features include brand new ductless HVAC systems in every room, new ceramic flooring, recessed lighting, and three split system AC units. Additional amenities include an intercom system, wireless doorbell camera, and a hot water heater. The space is currently configured as three rooms with a small waiting area, and includes the exclusive use of a backyard. Conveniently located one block from Queens Boulevard, with easy access to multiple train stations and bus lines, this property offers exceptional accessibility. ADA accessible via the lobby entrance and with a direct stairway entrance from the street. Importantly, this condo does not require board approval, allowing for immediate use or leasing by the new owner. There are no current or planned assessments. The property is situated two blocks from the Express E and F train lines at Union Turnpike or 75th Avenue stations. The asking price is $398,000. The lot size is 0.08 acres.

    Property profile
    Verified
    Property type Specialty properties
    Total area 926 SF
    Lot 0.08 ac (3,485 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
    Current use
    Occupant on record · Public records
    • Dr. Glenn A. Martin, MD Physician
    • LAVENDER SPA Spa & Massage Center
    • LaLaLa Spa Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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