Office Unit with Private
102-19 Roosevelt Avenue #2A, Corona, NY 11368
For Sale
Contact for pricing
A private restroom serves the unit, and the 103 St 7 train station is one minute away.
Property Size3,148 SF
Price / SF$1.43
Days on Market34
Property Features for 102-19 Roosevelt Avenue #2A
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Property Use
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Xue Xie · License #10401321317
(917) 361-3798
Source:
Neilcharlesrealestate
Added: Oct 6
Changed: Nov 7
Last Checked: Nov 7 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winzone Realty Inc
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Investment Insights
Based on property information with market context.
This 3,148-square-foot office unit at 102-19 Roosevelt Avenue, #2A, has a private bathroom. The 103 St 7 train station is one minute away.
The space is presented for office-related operations, including accounting, legal, tutoring, driving-school, tour-guide, and insurance businesses, as well as nail services.
The space is presented for office-related operations, including accounting, legal, tutoring, driving-school, tour-guide, and insurance businesses, as well as nail services.
Key Highlights
- 3,148‑square‑foot office unit
- Private bathroom within the unit
- One minute from the 103 St 7 train station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,644
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,880
$2.1M
Cap Rate 7%
$1,480,629
$1.5M
Cap Rate 9%
$1,151,600
$1.2M
Market Conditions
NOI Build-Up for 3,148 SF
Gross rent
$158.7K $50.40/SF
− Vacancy
−$20.5K −$6.50/SF
EGI
$138.2K $43.90/SF
− OpEx
−$34.5K −$10.97/SF
NOI
$103.6K $32.92/SF
Area
Queens County, NY
Vacancy
12.90%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,880
Cap Rate 7%
$1,480,629
Cap Rate 9%
$1,151,600
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,644 @ 7.0% cap · market cap 2,303.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,452 @ 7.0% cap · market cap 3,610.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,847
Businesses Nearby
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Business Placement
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Queens County, NY
Properties on Market for Office Units in Queens County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A private restroom serves the unit, and the 103 St 7 train station is one minute away.
Where is this office unit located?
The property is located at 102-19 Roosevelt Avenue #2A Corona, NY.
What are key features of this property?
This property features: 3,148‑square‑foot office unit; Private bathroom within the unit; One minute from the 103 St 7 train station
