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Professional Office Condo

3370 Prince St Unit 606 Flushing, NY 11354

3370 Prince St Unit 606, Flushing, NY, 11354
$720,000
For Sale
$720,000

Office condo for sale with designated private parking lot rights and convenient access to the Main Street 7 train.

Property Size1,060 SF
Price / SF$679.25
Days on Market516

Property Features for 3370 Prince St Unit 606

General Information

Standard status
Active
Size
1,060 SF
Property subtype
Office

Building Details

Year Built
1986
Listing agency EXP Realty
Listed by JaeChun Han
Source Xome
Added: Feb 21, 2025 Updated: Jul 21 at 7:06PM Checked: Jul 21 at 7:06PM

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 EXP Realty


Investment Insights

Based on property information with market context.

This professional office condominium is offered for sale as a well-configured unit designed to accommodate a range of professional and medical uses. The property is identified as Unit 606 at 3370 Prince St, Flushing, NY 11354.

Located at the busy corner of 33rd Avenue and Prince Street in downtown Flushing, the location is positioned for strong day-to-day accessibility. The remarks note the property is minutes from the Main Street 7 train station and is surrounded by major retailers, banks, medical offices, and civic institutions. A designated private parking lot for the unit owner is also included, described in the remarks as valued at $60,000.

Key Highlights

  • Office condo for sale on the busy corner of 33rd Avenue and Prince Street in downtown Flushing
  • Minutes from the Main Street 7 train station for convenient public transportation access
  • Designated private parking lot rights included, valued at $60,000 (unit owner’s property)

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 $53.4k $50.40
− Vacancy −$6.9k −$6.50
EGI $46.5k $43.90
− OpEx −$11.6k −$10.97
NOI $34.9k $32.92
1,060 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$498.6K
$436.2K – $581.7K (±1% cap)
NOI $34,899 @ 7.0% cap · market cap 4.85%
Second Best
Healthcare Medical
$349.2K
$305.5K – $407.4K (±1% cap)
NOI $24,441 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$781.4K
$683.8K – $911.7K (±1% cap)
NOI $54,701 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

世界单身联谊会-婚恋交友、征婚择偶平台/婚恋网 婚介网 Employment Agency esystem 365 Business Management Consultant Sexton Properties Inc Real Estate Agency Global Career Center High School

Suggested Use

Nursing Home Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Garden Center Barber Shop Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Office condo for sale with designated private parking lot rights and convenient access to the Main Street 7 train.
Where is this office units located?
The property is located at 3370 Prince St Unit 606 Flushing, NY.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Office condo for sale on the busy corner of 33rd Avenue and Prince Street in downtown Flushing; Minutes from the Main Street 7 train station for convenient public transportation access; Designated private parking lot rights included, valued at $60,000 (unit owner’s property)
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