Mixed-Use
For Sale
$7,680,000
132-25 Pople Ave, Flushing, NY 11355
The fully occupied building is zoned R6 and was constructed in 2009.
Property Size22,133 SF
Price / SF$346.99
Days on Market434
Property Features for 132-25 Pople Ave
General Information
Standard status
Active
Size
22,133 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
R6
Occupancy
100%
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$109,746
Building Details
Building Size
22,133 SF
Year Built
2009
Stories
6
Units
14
Listing Agency:
Auri Realty Management LLC
Listed By:
Yuan Williams · License #40WI1042122
(917) 693-3024
Source:
Croninreale
Added: Aug 16, 2025
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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 Auri Realty Management LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Constructed in 2009, this 22,133-square-foot mixed-use property is fully occupied. The building is described as well maintained and carries R6 zoning.
Located at 132-25 Pople Ave in Flushing, New York, the property offers a mixed-use building in an established city setting.
Located at 132-25 Pople Ave in Flushing, New York, the property offers a mixed-use building in an established city setting.
Key Highlights
- 22,133‑square‑foot mixed‑use building
- Built in 2009
- Fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,852
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,697,040
$5.7M
Cap Rate 7%
$4,069,314
$4.1M
Cap Rate 9%
$3,165,022
$3.2M
Market Conditions
NOI Build-Up for 22,133 SF
Gross rent
$531.2K $24.00/SF
− Vacancy
−$75.4K −$3.41/SF
EGI
$455.8K $20.59/SF
− OpEx
−$170.9K −$7.72/SF
NOI
$284.9K $12.87/SF
Area
Queens County, NY
Vacancy
14.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,697,040
Cap Rate 7%
$4,069,314
Cap Rate 9%
$3,165,022
Alternative Uses
Best Use
Mixed Use
$4.07M
$3.56M – $4.75M
NOI $284,852 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.32M
$14.28M – $19.04M
NOI $1,142,169 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
8,497
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - The fully occupied building is zoned R6 and was constructed in 2009.
Where is this mixed-use property located?
The property is located at 132-25 Pople Ave Flushing, NY.
What is the asking price?
The asking price for this property is $7,680,000.
What are key features of this property?
This property features: 22,133‑square‑foot mixed‑use building; Built in 2009; Fully occupied
