Office Building Near
For Sale
$14,800,000
133-24 41st Road, Flushing, NY 11355
Office building within walking distance to the #7 train and LIRR, designed for convenient day-to-day access.
Days on Market339
Property Features for 133-24 41st Road
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Building Size
14,399 SF
Year Built
2021
Listing Agency:
Lucky Real Estate LLC
(718) 424-6785
Listed By:
Robert Hsiao
(718) 424-6785
Source:
Cohenandcohenrealty
Added: Aug 28, 2025
Changed: Jul 30
Last Checked: Aug 1 at 12:07PM
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 Lucky Real Estate LLC
Investment Insights
Based on property information with market context.
This office building was newly constructed and completed in 2021, offering a modern commercial setting for professional use. Its configuration supports an owner or tenant seeking a contemporary workplace in a busy urban environment.
Located at 133-24 41st Road in Flushing, the property is described as being within walking distance to the #7 train or the LIRR station. The surrounding area includes a public library, major banks, and supermarkets, with easy access to Manhattan and beyond.
For buyers and tenants prioritizing transit connectivity and nearby services, this recently built office asset provides a straightforward option in the heart of Flushing.
Located at 133-24 41st Road in Flushing, the property is described as being within walking distance to the #7 train or the LIRR station. The surrounding area includes a public library, major banks, and supermarkets, with easy access to Manhattan and beyond.
For buyers and tenants prioritizing transit connectivity and nearby services, this recently built office asset provides a straightforward option in the heart of Flushing.
Key Highlights
- Office building completed in 2021
- Within walking distance to the #7 train or LIRR station
- 133‑24 41st Road, Flushing, NY 11355
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 | $725.7k | $50.40 |
| − Vacancy | −$93.6k | −$6.50 |
| EGI | $632.1k | $43.90 |
| − OpEx | −$158.0k | −$10.97 |
| NOI | $474.1k | $32.92 |
14,399 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.77M
$5.93M – $7.90M
NOI $474,070 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.62M
$9.29M – $12.38M
NOI $743,058 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,615
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building within walking distance to the #7 train and LIRR, designed for convenient day-to-day access.
Where is this office building located?
The property is located at 133-24 41st Road Flushing, NY.
What is the asking price?
The asking price for this property is $14,800,000.
What are key features of this property?
This property features: Office building completed in 2021; Within walking distance to the #7 train or LIRR station; 133‑24 41st Road, Flushing, NY 11355
