8000 Cooper AveQueens, NY 11385

  • Retail properties
  • 9,999,999 SF
For Lease

Property Details for 8000 Cooper Ave

Year built
1922
Lot size
12.01 AC
Property size (Sq ft)
9,999,999 SF
Zone code
M1-1
Property type
Retail properties
Property subtype
Super regional malls
APN
03810-0350
APU
38100350

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,430,348,800
    6.5%
    $2,243,398,912
    7%
    $2,083,156,096
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,292,631,552
    Geo Method
    $3,292,631,552
  • Alternative Use

    Use
    Valuation
    Residential
    $1,892,390,912
    Hospitality
    $1,733,419,904
    Educational
    $1,442,185,088
    Medical
    $1,491,783,936
    Retail
    $2,243,398,912
8000 Cooper Ave, Queens, New York

Location Insight

City
Glendale
County
Queens
State
New York
Latitude
40.7084
Longitude
-73.8685
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,784,006
$18,825,300
$32,286,150
$51,111,450
-
$41,834,000
$71,747,000
$113,581,000

FAQs

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