Office Condo Unit CF2 with Gas
New
For Sale
$190,000
122-15 25th Rd CF2, Queens, NY 11354
Three-room office condo unit CF2 with natural gas heating and one full bathroom.
Days on Market4
Property Features for 122-15 25th Rd CF2
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Building Size
530 SF
Listing Agency:
(516) 661-5999
Listed By:
Micky Wu
(516) 661-5999
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 1 at 4:39AM
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 Micky Wu
Investment Insights
Based on property information with market context.
Office condominium unit CF2 at 122-15 25th Road offers a functional three-room layout with one full bathroom and natural gas heating. The interior space is described as flexible for a range of professional and community facility uses, including medical, dental, therapy, educational, nonprofit, or administrative office use, subject to zoning regulations and required approvals.
The unit is conveniently located near College Point Boulevard, with access to local shopping, public transportation, and major highways. BikeScore is 44 (Somewhat Bikeable), WalkScore is 84 (Very Walkable), and transitScore is 58 (Good Transit).
Prospective buyers should independently verify the permitted use, zoning, certificate of occupancy, property taxes, common charges, and other property information.
The unit is conveniently located near College Point Boulevard, with access to local shopping, public transportation, and major highways. BikeScore is 44 (Somewhat Bikeable), WalkScore is 84 (Very Walkable), and transitScore is 58 (Good Transit).
Prospective buyers should independently verify the permitted use, zoning, certificate of occupancy, property taxes, common charges, and other property information.
Key Highlights
- Three‑room office condominium unit CF2
- Natural gas heating
- One full bathroom
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 | $26.7k | $50.40 |
| − Vacancy | −$3.4k | −$6.50 |
| EGI | $23.3k | $43.90 |
| − OpEx | −$5.8k | −$10.97 |
| NOI | $17.4k | $32.92 |
530 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$249.3K
$218.1K – $290.8K
NOI $17,450 @ 7.0% cap · market cap 9.18%
Second Best
Healthcare Medical
$174.6K
$152.8K – $203.7K
NOI $12,221 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$390.7K
$341.9K – $455.9K
NOI $27,351 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,582
Businesses Nearby
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Three-room office condo unit CF2 with natural gas heating and one full bathroom.
Where is this office units located?
The property is located at 122-15 25th Rd CF2 Queens, NY.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Three‑room office condominium unit CF2; Natural gas heating; One full bathroom
