Mixed-Use Condo Building with
For Sale
$7,490,000
13225 41st Avenue, Flushing, NY 11355
Commercial Sale, Flushing, NY
Property Size10,000 SF
Lot Size0.06 Acres
Price / SF$749
Days on Market133
Property Features for 13225 41st Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
R6
Rooms
Basement
Elementary school district
Contact Agent
Middle school district
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High school district
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Standard status
Active
APN
05037-0101
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
64688
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ductless
Water source
Public
Amenities
private balconies
stainless steel appliances
hardwood flooring
modern lobby
Building Details
Year built
2025
Floors in Building
5
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Rong Dong · License #10401237304
(917) 969-8898
Added: May 28
Changed: Oct 5
Last Checked: Oct 7 at 11:06PM
MLS# 1005964
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 mixed-use condominium building at 13225 41st Avenue includes approximately 10,000 square feet of space, comprising 2 community facility units and 8 one-bedroom condominium residences. The community facility component is identified for medical, office, educational, or clubhouse use. Select residences include private balconies, while north and south exposures provide natural light. Interior details include stainless steel appliances, hardwood flooring, and a contemporary lobby with elevator access. The property is listed as under construction with a 2025 year built.
The building is in Downtown Flushing, near Main Street, the 7 Train, the LIRR, supermarkets, banks, restaurants, a library, and major commercial corridors. Zoning is R6, with public water and public sewer service. Heating is electric, and cooling is provided by ductless systems.
The building is in Downtown Flushing, near Main Street, the 7 Train, the LIRR, supermarkets, banks, restaurants, a library, and major commercial corridors. Zoning is R6, with public water and public sewer service. Heating is electric, and cooling is provided by ductless systems.
Key Highlights
- Approximately 10,000 SF mixed‑use condominium building
- 2 community facility units and 8 one‑bedroom condo residences
- Community facility space identified for medical, office, educational, or clubhouse use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$329,238
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,584,760
$6.6M
Cap Rate 7%
$4,703,400
$4.7M
Cap Rate 9%
$3,658,200
$3.7M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$504.0K $50.40/SF
− Vacancy
−$65.0K −$6.50/SF
EGI
$439.0K $43.90/SF
− OpEx
−$109.7K −$10.97/SF
NOI
$329.2K $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%
$6,584,760
Cap Rate 7%
$4,703,400
Cap Rate 9%
$3,658,200
Alternative Uses
Best Use
Office B
$4.70M
$4.12M – $5.49M
NOI $329,238 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$3.49M
$3.06M – $4.07M
NOI $244,444 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$7.37M
$6.45M – $8.60M
NOI $516,048 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
8
Residential units
Location Intelligence
Trade Area within ½ mile
9,893
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two community facility units accompany eight one-bedroom residences with potential medical, office, educational, or clubhouse applications.
Where is this mixed-use property located?
The property is located at 13225 41st Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $7,490,000.
What are key features of this property?
This property features: Approximately 10,000 SF mixed‑use condominium building; 2 community facility units and 8 one‑bedroom condo residences; Community facility space identified for medical, office, educational, or clubhouse use
