Modern Office Building Built
15046 14th Avenue Whitestone, NY 11357
For Sale
$1,799,999
SINGLE_FAMILY - Whitestone, NY
Property Size4,202 SF
Lot Size0.07 Acres
Price / SF$428.37
Days on Market194
Property Features for 15046 14th Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C2-2
- Rooms
- Basement
- Basement
- Finished
- Standard status
- Active
- APN
- 04678-0005
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8427
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2016
- Floors in Building
- 3
- Building materials
- Block, Brick
Listing Agency:
Century Homes Realty Group LLC
(718) 886-6800
Listed By:
Dong Zheng
(917) 703-6823
Added: Jan 13
Changed: Jul 10
Last Checked: Jul 26 at 8:06AM
MLS# 951542
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 modern commercial office property was built in 2016 and is offered for sale with a 20' x 150' lot and a 20' x 75' building. The building provides approximately 4,202 square feet of usable commercial space and is described as well-maintained. The property is zoned C2-2.
Located at 15046 14th Avenue in Whitestone, the building sits along an active commercial corridor and is presented as having strong visibility with consistent pedestrian and vehicular traffic. The remarks also note close proximity to public transportation, including multiple bus routes and nearby subway access, with a surrounding mix of retail, professional, and service-oriented businesses.
Located at 15046 14th Avenue in Whitestone, the building sits along an active commercial corridor and is presented as having strong visibility with consistent pedestrian and vehicular traffic. The remarks also note close proximity to public transportation, including multiple bus routes and nearby subway access, with a surrounding mix of retail, professional, and service-oriented businesses.
Key Highlights
- Prime location in the heart of Whitestone's established business district with high visibility and traffic.
- Modern commercial building built in 2016, offering approximately 4,202 square feet of usable space.
- Solid rental income and low property taxes, presenting a compelling investment opportunity.
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 | $211.8k | $50.40 |
| − Vacancy | −$27.3k | −$6.50 |
| EGI | $184.5k | $43.90 |
| − OpEx | −$46.1k | −$10.97 |
| NOI | $138.3k | $32.92 |
4,202 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,346 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,843 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Built in 2016 with approximately 4,202 sq. ft. usable space, configured on a 20' x 75' building footprint.
Where is this office building located?
The property is located at 15046 14th Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Prime location in the heart of Whitestone's established business district with high visibility and traffic.; Modern commercial building built in 2016, offering approximately 4,202 square feet of usable space.; Solid rental income and low property taxes, presenting a compelling investment opportunity.
