Newly Renovated Medical Office
For Sale
$298,000
12215 25th Rd, Flushing, NY 11354
Newly renovated 912 sq ft office suite with updated HVAC and $400/month low maintenance.
Property Size912 SF
Price / SF$326.75
Days on Market333
Property Features for 12215 25th Rd
General Information
Standard status
Active
Size
912 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$12,557
Amenities
Electric
3
Building Details
Year Built
1983
Listing Agency:
B Square Realty
(917) 293-8428
Listed By:
Samantha Chang
(917) 293-8428
Source:
Xome
Added: Sep 11, 2025
Changed: Aug 8
Last Checked: Aug 9 at 5:10AM
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 B Square Realty
Investment Insights
Based on property information with market context.
Located at 12215 25th Rd Unit CF1 in Flushing, this for-sale office suite offers 912 sq ft of newly renovated space. The unit features an updated HVAC system and is described as low maintenance, with common charges noted at $400 per month.
The suite is presented as a good fit for a doctor’s office, professional association, or a start-up business, with a modern, efficient work environment. The property is also described as being within walking distance of public transportation, supporting convenient access for staff and visitors.
The suite is presented as a good fit for a doctor’s office, professional association, or a start-up business, with a modern, efficient work environment. The property is also described as being within walking distance of public transportation, supporting convenient access for staff and visitors.
Key Highlights
- Newly renovated 912 sq ft office suite
- Updated HVAC with electric cooling
- Year built: 1983
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,029
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$420,580
$420.6K
Cap Rate 7%
$300,414
$300.4K
Cap Rate 9%
$233,656
$233.7K
Market Conditions
NOI Build-Up for 912 SF
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.
Gross rent
$38.3K $42.00/SF
− Vacancy
−$3.3K −$3.57/SF
EGI
$35.0K $38.43/SF
− OpEx
−$14.0K −$15.37/SF
NOI
$21.0K $23.06/SF
Area
Queens County, NY
Vacancy
8.50%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$420,580
Cap Rate 7%
$300,414
Cap Rate 9%
$233,656
Alternative Uses
Best Use
Office B
$429.0K
$375.3K – $500.5K
NOI $30,027 @ 7.0% cap · market cap 10.08%
Second Best
Healthcare Medical
$300.4K
$262.9K – $350.5K
NOI $21,029 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$672.3K
$588.3K – $784.4K
NOI $47,064 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,358
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11354, NY
61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Newly renovated 912 sq ft office suite with updated HVAC and $400/month low maintenance.
Where is this medical office space located?
The property is located at 12215 25th Rd Flushing, NY.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Newly renovated 912 sq ft office suite; Updated HVAC with electric cooling; Year built: 1983
