Technical
Financial
Distress signals
Property profile

8000 Cooper Ave Glendale, NY 11385

OFF-MARKET
Super regional malls
Property ID
US63-5611821
9,999,999 SF 12.01 ac lot Built 1922
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Shops at Atlas Park offers a unique opportunity for retail and restaurant businesses seeking prime space in Queens, New York. This multi-level shopping center boasts a total of 374,000 square feet, providing ample room for a variety of tenants. Currently, there are four suites available, with a minimum divisible space of 2,961 square feet and a maximum contiguous space of 10,519 square feet. This flexibility allows for businesses of various sizes to find a suitable location within the center. A total of 25,454 square feet is currently vacant, presenting a significant opportunity for expansion or new ventures. Located at 8000 Cooper Avenue in Queens County, New York, 11385, this property enjoys excellent visibility and accessibility. The property's multi-level design offers diverse options for businesses seeking unique retail or restaurant spaces. The Shops at Atlas Park provides a vibrant and thriving commercial environment, ideal for businesses looking to establish or expand their presence in a high-traffic area of Queens. This is a rare opportunity to secure space in a well-established shopping center with significant potential for growth and success. Contact us today to learn more about the available spaces and leasing options.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1922
Total area 9,999,999 SF
Lot 12.01 ac (522,938 SF)
Zoning code M1-1
APN 03810-0350
UPID US63-5611821

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising
  • Insurance Agency
  • Medical Clinic
  • Marketing & Advertising Printing Service
  • Art Studio

Location

8000 Cooper Ave Glendale, NY 11385-7739
Glendale metro Census 63700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$27.47M

Owner & transaction history

since 2011
7 recorded transactions
2019
Price N/A
2015
Price N/A
2015
Price N/A
2011
$53.8M
2007
Price N/A
2006
Price N/A
2006
Price N/A

Zoning & alternative use

M1-1 · Glendale, 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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