Office Units Near
For Sale
$3,279,000
132-35 41st Rd CF1E & CF1F, Queens, NY 11355
Office units positioned near subway, rail, and major bus transportation.
Property Size3,743 SF
Days on Market50
Property Features for 132-35 41st Rd CF1E & CF1F
General Information
Standard status
Active
Size
3,743 SF
Property subtype
Commercial
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,616
Building Details
Building Size
3,743 SF
Listing Agency:
WINZONE REALTY INC.
Listed By:
Min H. Chen · License #NY40CH998803
(718) 813-6357
Source:
Elliman
Added: Sep 5
Changed: Oct 24
Last Checked: Oct 23 at 10:00AM
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 WINZONE REALTY INC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units at 132-35 41st Rd CF1E & CF1F in Flushing, Queens, with convenient access to multiple transportation options. The property is near the #7 subway line, LIRR service, and a major bus route, with bus connections to New York City and Brooklyn.
The surrounding area records a walk score of 95, a transit score of 98, and a bike score of 71. The space may support office, day care, or educational use, subject to applicable requirements.
The surrounding area records a walk score of 95, a transit score of 98, and a bike score of 71. The space may support office, day care, or educational use, subject to applicable requirements.
Key Highlights
- Near the #7 subway line, LIRR, and a major bus route
- Located at 132‑35 41st Rd CF1E & CF1F, Queens, NY 11355
- Walk score: 95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,234
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,464,680
$2.5M
Cap Rate 7%
$1,760,486
$1.8M
Cap Rate 9%
$1,369,267
$1.4M
Market Conditions
NOI Build-Up for 3,743 SF
Gross rent
$188.6K $50.40/SF
− Vacancy
−$24.3K −$6.50/SF
EGI
$164.3K $43.90/SF
− OpEx
−$41.1K −$10.97/SF
NOI
$123.2K $32.92/SF
Area
Queens County, NY
Vacancy
12.90%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,464,680
Cap Rate 7%
$1,760,486
Cap Rate 9%
$1,369,267
Alternative Uses
Best Use
Office B
$1.76M
$1.54M – $2.05M
NOI $123,234 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.76M
$2.41M – $3.22M
NOI $193,157 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,813
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office units positioned near subway, rail, and major bus transportation.
Where is this office unit located?
The property is located at 132-35 41st Rd CF1E & CF1F Queens, NY.
What is the asking price?
The asking price for this property is $3,279,000.
What are key features of this property?
This property features: Near the #7 subway line, LIRR, and a major bus route; Located at 132‑35 41st Rd CF1E & CF1F, Queens, NY 11355; Walk score: 95
