Property profile

6400 Metropolitan Ave Flushing, NY 11379

OFF-MARKET
Investment properties
Property ID
US63-0098187
1,908 SF 0.05 ac lot Built 1925
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 1,908 SF
Lot 0.05 ac (2,181 SF)
Zoning code R4B
APN 03601-0007
UPID US63-0098187

Cap rate & NOI

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

Location

6400 Metropolitan Ave Flushing, NY 11379-1628
Flushing metro Census 61301 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2008
4 recorded transactions
2022
Price N/A
2008
Price N/A
2007
$606,000
1969
Price N/A

Zoning & alternative use

R4B · Flushing, NY

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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