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    Flushing Medical Condo For Sale

    133-47 Sanford Avenue Flushing, NY 11355

    Claim this Listing
    Pending
    $845,000

    SINGLE_FAMILY - Flushing, NY

    Type:Office
    Property size:
    1,600 SF
    Added:
    Sep 15, 2025
    Days on Market:
    301
    Last Refresh:
    Jul 12 at 7:06 am

    Property Features for 133-47 Sanford Avenue

    General Information

    Property type
    Residential
    Property subtype
    Office
    Rooms
    Basement
    Standard status
    Pending
    APN
    05042-1411
    Size
    1,600 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    17784

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Building materials
    Brick

    Listing agent Emmy D. Cai CBR

    Listing office City Realty Group 2014 College Point Blvd # 1FL, Flushing, NY

    Listing date Sep 15, 2025

    MLS# 913042

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This is a 1,600 square foot medical condominium located at the corner of Main Street and Sanford Avenue in Downtown Flushing. The unit is situated within a professional medical building that houses various established practices and specialty offices. The property is located a five-minute walk from the #7 subway line and the Long Island Rail Road (LIRR) station, providing accessibility for practitioners and patients traveling from New York City and Long Island. This property is suited for a healthcare provider seeking a turnkey operational advantage or an investor targeting a commercial property in Queens.

    Key Highlights

    • Prime location at the corner of Main Street and Sanford Avenue in Downtown Flushing.
    • 1,600 square foot medical condominium within a professional medical building.
    • Five‑minute walk to the #7 subway line and Long Island Rail Road (LIRR) station.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $80.6k $50.40
    − Vacancy −$10.4k −$6.50
    EGI $70.2k $43.90
    − OpEx −$17.6k −$10.97
    NOI $52.7k $32.92
    1,600 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $752.5K
    $658.5K – $878.0K (±1% cap)
    NOI $52,678 @ 7.0% cap · market cap 6.23%
    Second Best
    Healthcare Medical
    $527.0K
    $461.2K – $614.9K (±1% cap)
    NOI $36,893 @ 7.0% cap · market cap 4.37%
    Theoretical Best
    Office A
    $1.18M
    $1.03M – $1.38M (±1% cap)
    NOI $82,568 @ 7.0% cap · market cap 9.77%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Sanford Pharmacy Pharmacy Zeng Katherine MD Pediatrician Dr. Alexander C. ... Ophthalmologist Chuang Chenan MD Physician 法拉盛德康痛症治疗中心 主治：肩痛腰痛腿痛，肩周炎，五十肩，网球肘，高血压，椎间盘突出，坐骨神经痛，头颈椎病，偏头痛，面瘫，前列腺肥大，三叉神经痛，四肢麻木，关节痛症。物理治疗，针灸，生物电疗，拔罐，穴位推拿，蜡疗。 Medical Clinic

    Suggested Use

    Real Estate Agency Auto Parts Store Storage Facility Building Supply Garden Center Big Box & Wholesale Store HVAC Service Gym & Fitness Center Veterinary Clinic Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Medical Office Space - 1,600 SF medical condo in Downtown Flushing near transportation.
    Where is this medical office space located?
    The property is located at 133-47 Sanford Avenue Flushing, NY.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: Prime location at the corner of Main Street and Sanford Avenue in Downtown Flushing.; 1,600 square foot medical condominium within a professional medical building.; Five‑minute walk to the #7 subway line and Long Island Rail Road (LIRR) station.
    Contact an agent
    (646) 805-8688
    We can help!
    Contact an agent
    Emmy D. Cai CBR
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