Flushing Medical Condo For
133-47 Sanford Avenue Flushing, NY 11355
For Sale
$845,000
Pending
SINGLE_FAMILY - Flushing, NY
Property Size1,600 SF
Days on Market317
Property Features for 133-47 Sanford Avenue
General Information
Property type
Residential
Property subtype
Office
Rooms
Basement
Standard status
Pending
APN
05042-1411
Size
1,600 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17784
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Brick
Listing Agency:
City Realty Group
(718) 888-9005
Listed By:
Emmy D. Cai CBR
(646) 805-8688
Added: Sep 15, 2025
Changed: May 12
Last Checked: Jul 28 at 5:06AM
MLS# 913042
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 is a 1,600 square foot medical condominium located at the corner of Main Street and Sanford Avenue in Downtown Flushing. The unit is situated within a professional medical building that houses various established practices and specialty offices. The property is located a five-minute walk from the #7 subway line and the Long Island Rail Road (LIRR) station, providing accessibility for practitioners and patients traveling from New York City and Long Island. This property is suited for a healthcare provider seeking a turnkey operational advantage or an investor targeting a commercial property in Queens.
Key Highlights
- Prime location at the corner of Main Street and Sanford Avenue in Downtown Flushing.
- 1,600 square foot medical condominium within a professional medical building.
- Five‑minute walk to the #7 subway line and Long Island Rail Road (LIRR) station.
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 | $80.6k | $50.40 |
| − Vacancy | −$10.4k | −$6.50 |
| EGI | $70.2k | $43.90 |
| − OpEx | −$17.6k | −$10.97 |
| NOI | $52.7k | $32.92 |
1,600 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$752.5K
$658.5K – $878.0K
NOI $52,678 @ 7.0% cap · market cap 6.23%
Second Best
Healthcare Medical
$527.0K
$461.2K – $614.9K
NOI $36,893 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,568 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- College Point Veterinary Center — Flushing, NY 11357
Frequently Asked Questions
What type of property is this?
Medical Office Space - 1,600 SF medical condo in Downtown Flushing near transportation.
Where is this medical office space located?
The property is located at 133-47 Sanford Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Prime location at the corner of Main Street and Sanford Avenue in Downtown Flushing.; 1,600 square foot medical condominium within a professional medical building.; Five‑minute walk to the #7 subway line and Long Island Rail Road (LIRR) station.
