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146-27 Beech Ave, Flushing, NY 11355

Commercial office building offering 7,101 SF suited for urgent care, education, worship, and after-school or recreation uses.

Property Size7,101 SF
Price / SF$252.08
Days on Market482

Property Features for 146-27 Beech Ave

General Information

Standard status Active
Size 7,101 SF
Property subtype OFFICE

Additional Details

HOA Fee $1,092
Listing Agency: Chase Global Realty Corp
Listed By: Katrina Qiao Wang
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 30 Last Checked: Aug 1 at 8:16AM

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 Chase Global Realty Corp

Investment Insights

Based on property information with market context.

This office building includes 7,101 SF of commercial space that can support a range of community-oriented uses. The space is described as suitable for a community urgent care center, educational institute, houses of worship, after-school programs, a dance studio, or a recreation center.

The property is located at 146-27 Beech Ave in Flushing, NY 11355. In addition to for-sale availability, it is also described as available to lease.

The offering is positioned for tenants or owners looking for a flexible commercial footprint for service-oriented and learning-focused operations, including multi-use community programs.

Key Highlights

  • 7,101 SF commercial space within an office building
  • Suitable for community urgent care center use
  • Works for educational institute and after‑school program operations

Financial Insights For Healthcare Medical

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 $298.2k $42.00
− Vacancy −$25.4k −$3.57
EGI $272.9k $38.43
− OpEx −$109.2k −$15.37
NOI $163.7k $23.06
7,101 SF · lease $42.00/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use
Office B
$3.34M
$2.92M – $3.90M (±1% cap)
NOI $233,792 @ 7.0% cap · market cap 13.06%
Second Best
Healthcare Medical
$2.34M
$2.05M – $2.73M (±1% cap)
NOI $163,735 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$5.23M
$4.58M – $6.11M (±1% cap)
NOI $366,446 @ 7.0% cap · market cap 20.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

HONEY 少儿舞蹈学校 High School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Catering Service Garden Center Restaurant

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

6,001
Businesses Nearby

Demographics for 11355, NY

89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial office building offering 7,101 SF suited for urgent care, education, worship, and after-school or recreation uses.
Where is this office building located?
The property is located at 146-27 Beech Ave Flushing, NY.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 7,101 SF commercial space within an office building; Suitable for community urgent care center use; Works for educational institute and after‑school program operations
(718) 355-8788 Call to check price and availability
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