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Office Unit with Open Layout
New
For Lease
$3,200/Mo

131-08 40th Rd, Queens, NY 11354

Third-floor office space offers a private full-floor configuration, natural light, and convenient access to public transportation.

Space Size700 SF
Property Size4,469 SF
Days on Market5

Property Features for 131-08 40th Rd

General Information

Standard status Active
Size 700 SF
Net Rentable 700 SF
Property subtype Commercial

Space & Availability

Available Space 700 SF
Contiguous Space 700 SF
Floor 3
Space Use Office

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,258

Building Details

Building Size 4,469 SF
Listing Agency: B Square Realty
Listed By: Wenting Wang
Source: Elliman
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 4 at 9:49AM

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.

This third-floor office unit spans approximately 700 SF in a private, full-floor arrangement. Its open plan, natural light, and modern finishes support a range of professional and studio-oriented uses. Water is included in the rent.

The property is in Flushing near Sky View Parc, the Long Island Rail Road, subway and bus service, shops, restaurants, and residential developments. Walk Score is 95, Transit Score is 98, and bikeScore is 71.

Key Highlights

  • Approximately 700 SF on the third floor
  • Private full‑floor office layout with an open plan
  • Walk Score 95, Transit Score 98, bikeScore 71

Property Analytics

Current Use

Happy Asian Spa ... Alternative Medicine Practice Merakinail Studio Inc Nail Salon Ele Eyelash Extension Hair Salon Monster Aquarium Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Auto Parts Store Garden Center

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

NNN (Triple Net)
Lease Type
$8.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,666
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

Market

Lease Benchmarks for Queens, NY

$44.84 /SF/Yr
Avg Asking Price
$12–$100 /SF/Yr
Price Range
8,576 SF
Avg Space Size

This space is priced 22% above the average of $44.84 /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
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor office space offers a private full-floor configuration, natural light, and convenient access to public transportation.
Where is this office units located?
The property is located at 131-08 40th Rd Queens, 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 office layout with an open plan; Walk Score 95, Transit Score 98, bikeScore 71
More about this property
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