Professional Office Condo with Private
For Sale
$498,888
133-36 41 Road, Flushing, NY 11355
SINGLE_FAMILY - Flushing, NY
Property Size705 SF
Price / SF$707.64
Days on Market51
Property Features for 133-36 41 Road
General Information
Property type
Residential
Property subtype
Office
Zoning
R6
Parking features
On Street
Elementary school
Ps 20 John Bowne
Middle school
Jhs 189 Daniel Carter Beard
High school
John Bowne High School
Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 25
Directions
www.google.com/maps
Standard status
Active
APN
05042-1010
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
22176
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1987
Floors in Building
1
Number of units
1
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
RE/MAX 1st Choice · RE/MAX International
(516) 888-6000
Listed By:
Po Wei Tair · License #7.51E+13
(917) 406-6026
Added: Jun 15
Changed: Aug 4
Last Checked: Aug 4 at 5:06PM
MLS# 1014636
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 professional office condo is located in a brick building and includes a reception area, a private office, and a dedicated bathroom. The unit offers a straightforward layout designed for day-to-day client interaction, with dedicated space for both greeting visitors and conducting private meetings.
The building sits just off Main Street in Downtown Flushing, with the 7 train terminus steps away and the LIRR at Main Street about a five-minute walk. The surrounding area includes banks, restaurants, and shops, providing an established commercial setting for an office user.
For buyers seeking ownership rather than leasing, this condo configuration can support a range of professional uses that benefit from a reception/front-office function and a private room. Common charges include heat and hot water, helping simplify monthly occupancy costs for an owner-operator or a professional buyer looking to secure a permanent workspace in a dense transit corridor.
The building sits just off Main Street in Downtown Flushing, with the 7 train terminus steps away and the LIRR at Main Street about a five-minute walk. The surrounding area includes banks, restaurants, and shops, providing an established commercial setting for an office user.
For buyers seeking ownership rather than leasing, this condo configuration can support a range of professional uses that benefit from a reception/front-office function and a private room. Common charges include heat and hot water, helping simplify monthly occupancy costs for an owner-operator or a professional buyer looking to secure a permanent workspace in a dense transit corridor.
Key Highlights
- Approximately 705 SF professional office condo in a brick building, built in 1987
- Layout includes a reception area, private office, and a dedicated bathroom
- Condo common charges of $500/month include heat and hot water
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 | $35.5k | $50.40 |
| − Vacancy | −$4.6k | −$6.50 |
| EGI | $30.9k | $43.90 |
| − OpEx | −$7.7k | −$10.97 |
| NOI | $23.2k | $32.92 |
705 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$331.6K
$290.1K – $386.9K
NOI $23,211 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$519.7K
$454.8K – $606.4K
NOI $36,381 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,506
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
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Frequently Asked Questions
What type of property is this?
Office units - Office condo with a reception area, private office, and dedicated bathroom in a brick building near major transit.
Where is this office units located?
The property is located at 133-36 41 Road Flushing, NY.
What is the asking price?
The asking price for this property is $498,888.
What are key features of this property?
This property features: Approximately 705 SF professional office condo in a brick building, built in 1987; Layout includes a reception area, private office, and a dedicated bathroom; Condo common charges of $500/month include heat and hot water
