Class A Office
13320 41st Rd Unit 7A Flushing, NY 11355
13320 41st Rd Unit 7A, Flushing, NY, 11355
$1,899,000
For Sale
$1,899,000
Newly constructed office suite in an eight-story building with HVAC and private ADA-compliant bathrooms.
Property Size2,037 SF
Price / SF$932.25
Days on Market939
Property Features for 13320 41st Rd Unit 7A
General Information
- Standard status
- Active
- Size
- 2,037 SF
- Property subtype
- Office
Listing agency
B Square Realty
(646) 889-9988
Listed by
Li Li
(646) 889-9988
Source
Xome
Added: Dec 26, 2023 Updated: Jul 22 at 7:29AM Checked: Jul 22 at 7:29AM
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.
Suite 7A is located in Alliance Tower, a newly constructed eight-story Class A office building. The space features high ceilings and expansive windows designed to bring natural light into the work environment, with elevator access available on all floors.
The building offers an elegant lobby and each unit is equipped with HVAC. Private ADA-compliant bathrooms are included within the suites.
Alliance Tower is described as being just minutes from the 7 train, supporting convenient commuting for staff and visitors.
The building offers an elegant lobby and each unit is equipped with HVAC. Private ADA-compliant bathrooms are included within the suites.
Alliance Tower is described as being just minutes from the 7 train, supporting convenient commuting for staff and visitors.
Key Highlights
- Newly constructed eight‑story, Class A office building in Flushing
- 15‑year ICAP tax abatement
- Office suite includes HVAC and private ADA‑compliant bathrooms
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 | $102.7k | $50.40 |
| − Vacancy | −$13.2k | −$6.50 |
| EGI | $89.4k | $43.90 |
| − OpEx | −$22.4k | −$10.97 |
| NOI | $67.1k | $32.92 |
2,037 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$958.1K
$838.3K – $1.12M
NOI $67,066 @ 7.0% cap · market cap 3.53%
Second Best
Healthcare Medical
$671.0K
$587.1K – $782.8K
NOI $46,969 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,119 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Newly constructed office suite in an eight-story building with HVAC and private ADA-compliant bathrooms.
Where is this office units located?
The property is located at 13320 41st Rd Unit 7A Flushing, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Newly constructed eight‑story, Class A office building in Flushing; 15‑year ICAP tax abatement; Office suite includes HVAC and private ADA‑compliant bathrooms
