Elevator Mixed-Use Condominium
For Sale
$7,490,000
13225 41st Avenue, Flushing, NY 11355
Its residential units are paired with community-facility space that can accommodate medical, office, educational, or clubhouse uses.
Property Size10,057 SF
Price / SF$744.75
Days on Market149
Property Features for 13225 41st Avenue
General Information
Standard status
Active
Size
10,057 SF
Elevators
Yes
Property subtype
Commercial
Zoning
R6
Units
Unit Mix
8 x 1BR
Multifamily Units
8
Office Units
2
Additional Details
Condition
Built-Out
Public Transit
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$64,688
Amenities
private balconies for select units
high-end finishes
stainless steel appliances
hardwood flooring
modern lobby
Building Details
Building Size
10,057 SF
Year Built
2025
Buildings
1
Stories
5
Construction
brick
Tenancy
Multi
Abandoned
No
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Rong Dong · License #10401237304
(917) 969-8898
Source:
Croninreale
Added: May 28
Changed: Oct 23
Last Checked: Oct 23 at 5:24PM
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 E Realty International Corp
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Investment Insights
Based on property information with market context.
Completed in 2025, this 10,057-square-foot mixed-use condominium building contains 8 one-bedroom residences and 2 community-facility units. The building has an elevator, a modern lobby, brick exterior, stainless steel appliances, and hardwood flooring. Select residences have private balconies; north- and south-facing exposures provide natural light. The condo filing is complete, and the property is zoned R6.
At 13225 41st Avenue in Flushing, the building is steps from Main Street, the 7 train, and the LIRR. Nearby services and destinations include supermarkets, banks, restaurants, a library, and commercial corridors.
The community-facility units are identified for medical, office, educational, or clubhouse use, alongside the one-bedroom condominium residences.
At 13225 41st Avenue in Flushing, the building is steps from Main Street, the 7 train, and the LIRR. Nearby services and destinations include supermarkets, banks, restaurants, a library, and commercial corridors.
The community-facility units are identified for medical, office, educational, or clubhouse use, alongside the one-bedroom condominium residences.
Key Highlights
- 10,057 SF building completed in 2025
- 8 one‑bedroom condominium residences and 2 community‑facility units
- Elevator access and modern lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$245,838
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,916,760
$4.9M
Cap Rate 7%
$3,511,971
$3.5M
Cap Rate 9%
$2,731,533
$2.7M
Market Conditions
NOI Build-Up for 10,057 SF
Gross rent
$464.6K $46.20/SF
− Vacancy
−$17.7K −$1.76/SF
EGI
$447.0K $44.44/SF
− OpEx
−$201.1K −$20.00/SF
NOI
$245.8K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,916,760
Cap Rate 7%
$3,511,971
Cap Rate 9%
$2,731,533
Alternative Uses
Best Use
Apartment 5plus
$3.51M
$3.07M – $4.10M
NOI $245,838 @ 7.0% cap · market cap 3.28%
Second Best
Mixed Use
$1.85M
$1.62M – $2.16M
NOI $129,434 @ 7.0% cap · market cap 1.73%
Theoretical Best
Office A
$7.41M
$6.49M – $8.65M
NOI $518,989 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
9,893
Businesses Nearby
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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 Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Its residential units are paired with community-facility space that can accommodate medical, office, educational, or clubhouse uses.
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: 10,057 SF building completed in 2025; 8 one‑bedroom condominium residences and 2 community‑facility units; Elevator access and modern lobby
