Medical Office Suite with Street
13237 41st Road, Flushing, NY 11355
For Sale
$480,000
Commercial Sale, Flushing, NY
Property Size972 SF
Price / SF$493.83
Days on Market9
Property Features for 13237 41st Road
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Listing Agency:
RE/MAX 1st Choice · RE/MAX International
(516) 888-6000
Listed By:
Justin Chew · License NY #10401345255
(917) 597-0969
Added: Nov 5
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 1071078
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.
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Investment Insights
Based on property information with market context.
This 972-square-foot medical office suite occupies the ground floor of Diamond Star Plaza and has a separate entrance from the street. Its interior includes a reception area, three private rooms, and a private bathroom. Built-in shelving and cabinetry, a granite counter, hardwood flooring, recessed fixtures, wall sconces, and a drop ceiling are among the finishes. The building dates to 2005, and the property is zoned R6.
The suite is in Downtown Flushing, within walking distance of the 7 train and the Long Island Rail Road station on the Port Washington Branch. The area’s bus terminal serves routes including the Q12, Q17, Q20, Q25, Q26, Q27, Q44-SBS, Q58, Q61, Q62, Q65, Q66, Q90, and Q98. A potential cap rate of 10.2% is indicated.
The suite is in Downtown Flushing, within walking distance of the 7 train and the Long Island Rail Road station on the Port Washington Branch. The area’s bus terminal serves routes including the Q12, Q17, Q20, Q25, Q26, Q27, Q44-SBS, Q58, Q61, Q62, Q65, Q66, Q90, and Q98. A potential cap rate of 10.2% is indicated.
Key Highlights
- 972‑square‑foot ground‑floor suite with a separate street entrance
- Reception area, three private rooms, and a private in‑unit bathroom
- Interior features built‑in shelving and cabinetry, hardwood floors, and a granite counter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,002
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,040
$640.0K
Cap Rate 7%
$457,171
$457.2K
Cap Rate 9%
$355,578
$355.6K
Market Conditions
NOI Build-Up for 972 SF
Gross rent
$49.0K $50.40/SF
− Vacancy
−$6.3K −$6.50/SF
EGI
$42.7K $43.90/SF
− OpEx
−$10.7K −$10.97/SF
NOI
$32.0K $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%
$640,040
Cap Rate 7%
$457,171
Cap Rate 9%
$355,578
Alternative Uses
Best Use
Office B
$457.2K
$400.0K – $533.4K
NOI $32,002 @ 7.0% cap · market cap 6.67%
Second Best
Healthcare Medical
$320.2K
$280.2K – $373.5K
NOI $22,412 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$716.6K
$627.0K – $836.0K
NOI $50,160 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9,615
Businesses Nearby
Under-served
Demand for This Use
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
$711,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Flushing, NY
Properties on Market for Medical Office Space in Flushing
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- College Point Veterinary Center — Flushing, NY 11357
Frequently Asked Questions
What type of property is this?
Medical Office Space - A completed ground-floor suite has a reception area, three private rooms, and an in-unit restroom.
Where is this medical office space located?
The property is located at 13237 41st Road Flushing, NY.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 972‑square‑foot ground‑floor suite with a separate street entrance; Reception area, three private rooms, and a private in‑unit bathroom; Interior features built‑in shelving and cabinetry, hardwood floors, and a granite counter
