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Private-Floor Office Unit
New
For Lease
$3,200/Mo

131-08 40th Road, Flushing, NY 11354

Commercial Lease, Flushing, NY

Space Size700 SF
Days on Market3

Property Features for 131-08 40th Road

General Information

Property type Commercial Lease
Property subtype Office
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6258

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public
Listing Agency: B Square Realty
Listed By: Wenting Wang
Added: Sep 30 Last Checked: Oct 2 at 3:06AM
MLS# 1057291

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.

Investment Insights

Based on property information with market context.

This approximately 700 SF office unit occupies the third floor at 131-08 40th Road in Flushing. Its private full-floor arrangement and open layout provide a defined workspace, complemented by natural light and modern finishes. Electric heating and cooling serve the suite, with public water and sewer available.

The property is near Sky View Parc, the Long Island Rail Road, subway and bus service, shopping, restaurants, and major residential developments. Water is included in the rent.

Key Highlights

  • Approximately 700 SF on the third floor
  • Private full‑floor layout with an open plan
  • Near Sky View Parc, Long Island Rail Road, subway, and bus service

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Building Supply Garden Center Big Box & Wholesale Store

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

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$8.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,554
Businesses Nearby

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

Lease Benchmarks for Flushing, NY

$54.2 /SF/Yr
Avg Asking Price
$7.61–$327 /SF/Yr
Price Range
2,666 SF
Avg Space Size

This space is priced 1% above the average of $54.2 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - A third-floor suite offers an open plan, natural light, and electric heating and cooling.
Where is this office units located?
The property is located at 131-08 40th Road Flushing, NY.
What is the lease rate?
The lease rate is $3,200/Mo.
What are key features of this property?
This property features: Approximately 700 SF on the third floor; Private full‑floor layout with an open plan; Near Sky View Parc, Long Island Rail Road, subway, and bus service
More about this property
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