6400 Metropolitan AveMiddle Village, NY 11379

Property Details for 6400 Metropolitan Ave

Year built

1925

Lot size

0.05 AC

Property size (Sq ft)

1,908 SF

Zone code

R4B

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

03601-0007

APU

36010007

Description

This exceptional Queens County property, located at 6400 Metropolitan Avenue in Middle Village (zip code 11379), offers a unique blend of office and warehouse space ideal for a variety of businesses. The single-story building totals 2,700 square feet and is currently fully vacant, presenting a rare opportunity for immediate occupancy. The property features two separate suites, with a minimum divisible space of 700 square feet and a maximum contiguous space of 2,000 square feet, providing flexibility for tenants with varying needs. The building's versatile design includes one convenient drive-in bay, significantly enhancing loading and unloading efficiency. Furthermore, the property includes basement storage, adding extra space for inventory or archives. This is a multi-tenant building situated in a prime location in Queens County, New York, offering easy access to major transportation routes. The property is classified as both office and industrial, catering to businesses requiring a combination of office space and warehouse functionality. The entire 2,700 square feet is available for lease. This presents a unique opportunity to secure a well-located, versatile commercial space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $315,449

  6.5%

  $291,184

  7%

  $270,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $249,299

  Geo Method

  $249,299

• Alternative Use

  Use

  Valuation

  Residential

  $361,068

  Hospitality

  $330,737

  Educational

  $275,169

  Medical

  $284,632

  Retail

  $428,041

Location Insight

City

Flushing

County

Queens

State

New York

Latitude

40.7123

Longitude

-73.8971

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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