Mixed-Use Building with
13235 Pople Ave Flushing, NY 11355
13235 Pople Ave, Flushing, NY, 11355
$4,500,000
For Sale
$4,500,000
Five-story all-brick mixed-use building includes a commercial office, multiple residential units, and a bright basement with private entrance.
Property Size6,840 SF
Price / SF$657.89
Days on Market301
Property Features for 13235 Pople Ave
General Information
- Standard status
- Active
- Size
- 6,840 SF
- Property subtype
- Mixed Use
Listing agency
E Realty International Corp
(917) 385-7802
Listed by
Ning Zhang · License #10401338491
(917) 385-7802
Source
Xome
Added: Sep 24, 2025 Updated: Jul 21 at 12:14AM Checked: Jul 21 at 3:10AM
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
Investment Insights
Based on property information with market context.
This five-story, all-brick mixed-use building features a separate basement entrance and bright, well-maintained interiors. The first floor includes a commercial office along with two studios. Floors two and three each provide residential space with four two-bedroom, two-bath units. The fourth and fifth floors are configured as a duplex penthouse with four bedrooms and three bathrooms. The basement offers a large, bright space with a private entrance.
Located in Flushing, the property is described as having convenient access to transportation, shopping, and dining. The listing also notes that the building has strong rental income and stable tenants.
Overall, the layout combines street-level office space with a mix of studio, two-bedroom, and duplex penthouse units, supported by an additional bright basement area accessed independently.
Located in Flushing, the property is described as having convenient access to transportation, shopping, and dining. The listing also notes that the building has strong rental income and stable tenants.
Overall, the layout combines street-level office space with a mix of studio, two-bedroom, and duplex penthouse units, supported by an additional bright basement area accessed independently.
Key Highlights
- Five‑story, all‑brick mixed‑use building with a commercial office and multiple residential units plus a basement
- Commercial space: 1st floor includes 1 commercial office plus 2 studios
- Residential unit mix: 2nd & 3rd floors have four 2‑bedroom, 2‑bath units
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $344.7k | $50.40 |
| − Vacancy | −$44.5k | −$6.50 |
| EGI | $300.3k | $43.90 |
| − OpEx | −$75.1k | −$10.97 |
| NOI | $225.2k | $32.92 |
6,840 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.22M
$2.81M – $3.75M
NOI $225,199 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$2.39M
$2.09M – $2.79M
NOI $167,200 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$5.04M
$4.41M – $5.88M
NOI $352,977 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Five-story all-brick mixed-use building includes a commercial office, multiple residential units, and a bright basement with private entrance.
Where is this mixed-use property located?
The property is located at 13235 Pople Ave Flushing, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Five‑story, all‑brick mixed‑use building with a commercial office and multiple residential units plus a basement; Commercial space: 1st floor includes 1 commercial office plus 2 studios; Residential unit mix: 2nd & 3rd floors have four 2‑bedroom, 2‑bath units
