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Renovated Medical Office Suite

12215 25th Road, Flushing, NY 11354

For Sale
$298,000

Commercial Sale, Flushing, NY

Property Size912 SF
Lot Size0.23 Acres
Price / SF$326.75
Days on Market428

Property Features for 12215 25th Road

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Basement Walk-Out Access, Finished
Standard status Active
APN 04259-1001
Lot size 0.23 Acres

Additional Details

Condition Newly Renovated

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12557

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1983
Building materials Brick
Listing Agency: B Square Realty
Listed By: Samantha Chang
Added: Sep 12, 2025 Changed: Nov 6 Last Checked: Nov 13 at 11:06PM
MLS# 912491

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.

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Investment Insights

Based on property information with market context.

This medical office suite provides 912 square feet of recently renovated space in a brick building constructed in 1983. An updated HVAC system, electric heating, and electric cooling support the interior, while a basement room adds usable auxiliary space. The property is suited to a doctor's office, professional association, or startup business based on the stated use potential.

The suite is located at 12215 25th Road in Flushing, New York, within walking distance of public transportation. Public water and public sewer serve the property, with water available listed among the utilities.

Key Highlights

  • 912 square feet of renovated medical office space
  • Updated HVAC system with electric heating and cooling
  • Brick building constructed in 1983

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,029
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $30,027 @ 7.0% cap · market cap 10.08%
Second Best
Healthcare Medical
$300.4K
$262.9K – $350.5K (±1% cap)
NOI $21,029 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$672.3K
$588.3K – $784.4K (±1% cap)
NOI $47,064 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Garden Center Travel Agency Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,264
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Flushing, NY

$852 Jul
$820 Aug
$953 Sep
$878 Oct

Properties on Market for Medical Office Space in Flushing

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Similar Off Market Nearby

  • College Point Veterinary Center — Flushing, NY 11357
  • Petco Vaccination Clinic — 13311 20th Ave, College Point, NY 11356

Frequently Asked Questions

What type of property is this?
Medical Office Space - Updated HVAC and renovated interiors support professional office use near public transportation.
Where is this medical office space located?
The property is located at 12215 25th Road 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: 912 square feet of renovated medical office space; Updated HVAC system with electric heating and cooling; Brick building constructed in 1983
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