Mixed-Use Building in College
For Sale
$990,000
12002 14th Rd, Queens, NY 11356
Mixed-use building with commercial space and office/residential potential.
Property Size3,217 SF
Lot Size0.06 Acres
Days on Market314
Property Features for 12002 14th Rd
General Information
Standard status
Active
Size
3,217 SF
Lot size
0.06 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,022
Building Details
Building Size
3,217 SF
Year Built
1930
Units
2
Listed By:
Jeannette Zapata
(646) 824-0177
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 22
Last Checked: Oct 7 at 1:01PM
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 Jeannette Zapata
Investment Insights
Based on property information with market context.
Located in College Point, Queens, this mixed-use building at 120-02 14th Road offers an opportunity for investors or end-users. The property features a ground-floor commercial space with a full basement, suitable for retail, professional, or office use. The upstairs level can be used as office space or converted back to an apartment. As a corner property, it benefits from visibility and foot traffic, with access to major highways, public transportation, and local amenities. The building's layout and construction make it suitable for investors seeking income and owner-occupants looking for a live-work arrangement.
Key Highlights
- Prime mixed‑use building in College Point, Queens.
- Ground‑floor commercial space with full basement suitable for retail, professional, or office use.
- Upstairs level usable as office space or convertible to an apartment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,403
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,060
$828.1K
Cap Rate 7%
$591,471
$591.5K
Cap Rate 9%
$460,033
$460.0K
Market Conditions
NOI Build-Up for 3,217 SF
Gross rent
$77.2K $24.00/SF
− Vacancy
−$11.0K −$3.41/SF
EGI
$66.2K $20.59/SF
− OpEx
−$24.8K −$7.72/SF
NOI
$41.4K $12.87/SF
Area
Queens County, NY
Vacancy
14.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,060
Cap Rate 7%
$591,471
Cap Rate 9%
$460,033
Alternative Uses
Best Use
Mixed Use
$591.5K
$517.5K – $690.1K
NOI $41,403 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M
NOI $166,013 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,659
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with commercial space and office/residential potential.
Where is this mixed-use property located?
The property is located at 12002 14th Rd Queens, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Prime mixed‑use building in College Point, Queens.; Ground‑floor commercial space with full basement suitable for retail, professional, or office use.; Upstairs level usable as office space or convertible to an apartment.
