Brick Duplex Office
11882 Metropolitan Ave, Kew Gardens, NY 11415
New
Commercial Building, Mid-rise - Kew Gardens, NY
Property size:
1,500 SFPrice / SF:
$650/SF- Added:
- Jun 29, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 30 at 1:06 pm
Property Features for 11882 Metropolitan Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 900
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Laundry, Living Room
- Parking features
- Garage
- Interior features
- Intercom
- EntryLevel
- 1,2
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 000000-000.000-3322-1002.000
- Size
- 1,500 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14230
- Expense value
- 1435
- Expense
- Home Owner Assessments Fee
Utilities
- Heating system
- Baseboard, Natural Gas
Building Details
- Year built
- 2002
- Year renovated
- 2002
- Floors in Building
- 2
- Flooring type
- Hardwood
- Architectural style
- Other
Listing agent Mi Ryoung Chong (718) 640-4431
Listing office HANMI REALTY 37 17 UNION ST, FLUSHING, NY (718) 961-8801
Listing date Jun 29, 2026
MLS# 11858930
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 2002 brick condo duplex unit #1B with around 1,500 sq ft of interior space
- Layout includes 3 bedrooms, 3 bathrooms, living room, dining room, and laundry room; versatile for medical, office, retail, or residential use
- Renovated kitchen with tile flooring and brand new Samsung fingerprint‑resistant French‑door refrigerator, gas stove top oven, and microwave w/ ventilation (SmartThings app control)
- Hardwood floors, fresh paint, and updated bathroom sinks/vanities, mirrors, shower floor tiling, and lighting
- Garage parking with 1 space, video security intercom to lobby, and intercom in interior features; wheelchair ramp with private street entrance
- Monthly common charges of $1,434.55 include heat, water, cooking gas, common area groundskeeping, trash, and snow/ice removal (electric not included)
Overview
Built in 2002 and well maintained, this vacant, spacious brick condo duplex unit #1B offers a flexible layout for multiple commercial uses. The interior features a large receptionist lobby or showroom area, hardwood floors, and fresh paint, with a renovated kitchen including tile flooring and brand-new Samsung fingerprint-resistant stainless appliances controllable with the SmartThings app. The configuration includes additional rooms on the second floor, a walk-in closet, and three other rooms, along with two and a half bathrooms featuring new vanities, mirrors, shower floor tiling, and lighting.
Located within the Forest Park condominium complex in Kew Gardens, the building provides front door access to area bus routes, with Q10 service taking about 40 minutes to JFK Airport and QM18 offering express service to Manhattan. Sign visibility is noted at a Good Lefferts Blvd intersection, with a private street entrance and a wheelchair ramp. On-site amenities include a polished wood-paneled lobby, compactors on every floor, video security intercom to the lobby, a laundry room, and a parking garage with one space, with the property described as pet friendly. Forest Park’s 538 acres of outdoor recreation are nearby.
This unit is presented as suitable for medical, office, retail, and residential uses. It was previously leased by a medical office for many years, and today’s vacancy supports an owner-user or tenant seeking a versatile duplex setting with dedicated building services and the ability to operate in a quiet residential Queens setting.
Located within the Forest Park condominium complex in Kew Gardens, the building provides front door access to area bus routes, with Q10 service taking about 40 minutes to JFK Airport and QM18 offering express service to Manhattan. Sign visibility is noted at a Good Lefferts Blvd intersection, with a private street entrance and a wheelchair ramp. On-site amenities include a polished wood-paneled lobby, compactors on every floor, video security intercom to the lobby, a laundry room, and a parking garage with one space, with the property described as pet friendly. Forest Park’s 538 acres of outdoor recreation are nearby.
This unit is presented as suitable for medical, office, retail, and residential uses. It was previously leased by a medical office for many years, and today’s vacancy supports an owner-user or tenant seeking a versatile duplex setting with dedicated building services and the ability to operate in a quiet residential Queens setting.
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 | $75.6k | $50.40 |
| − Vacancy | −$9.8k | −$6.50 |
| EGI | $65.8k | $43.90 |
| − OpEx | −$16.5k | −$10.97 |
| NOI | $49.4k | $32.92 |
1,500 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$705.5K
$617.3K – $823.1K
NOI $49,386 @ 7.0% cap · market cap 5.07%
Second Best
Healthcare Medical
$494.1K
$432.3K – $576.5K
NOI $34,587 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$1.11M
$967.6K – $1.29M
NOI $77,407 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
AM Technologies
Tech Support Center
Sabele Hair & Nail ...
Hair Salon
Joy Yun Nail ...
Nail Salon
Location Insight
- Map
- Local Demand
- City
- Kew Gardens
- County
- Queens
- State
- New York
- Longitude
- -73.831959
- Latitude
- 40.705945
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Vacant brick condo duplex with showroom-style lobby and multiple rooms, suited for medical, office, retail, or live-work.
Where is this office units located?
The property is located at 11882 Metropolitan Ave Kew Gardens, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Built in 2002 brick condo duplex unit #1B with around 1,500 sq ft of interior space; Layout includes 3 bedrooms, 3 bathrooms, living room, dining room, and laundry room; versatile for medical, office, retail, or residential use; Renovated kitchen with tile flooring and brand new Samsung fingerprint‑resistant French‑door refrigerator, gas stove top oven, and microwave w/ ventilation (SmartThings app control)
