Ground-Floor Medical Office
For Sale
$899,000
134-43 Maple Avenue C1b, Flushing, NY 11355
Renovated clinical suite with private rooms, custom cabinetry, upgraded lighting, and enhanced ventilation.
Property Size1,318 SF
Price / SF$682.09
Days on Market92
Property Features for 134-43 Maple Avenue C1b
General Information
Standard status
Active
Size
1,318 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor
Building Details
Year Built
2010
Listing Agency:
B Square Realty
Listed By:
Li Li
Source:
Goatrealtyus
Added: Jul 25
Changed: Oct 10
Last Checked: Oct 7 at 3:45PM
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 B Square Realty
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Investment Insights
Based on property information with market context.
Located on the ground floor of Maple Tower, this approximately 1,318 SF medical office suite was renovated for immediate professional use. The layout includes four examination rooms and one private office, along with a reception area, updated restroom, custom cabinetry with utility sinks, and secured exam room doors. Improvements include vinyl wood flooring, quartz reception counter surfaces, LED flat-panel lighting, new ceiling tiles, security cameras, a smart thermostat, updated diffusers, and upgraded ventilation. An ICAP tax abatement is also identified with the property, and parking is available.
The suite is at 134-43 Maple Avenue C1b in Downtown Flushing, near banks, restaurants, supermarkets, retail stores, the post office, and the library. Bus routes, the #7 subway, LIRR, express buses, commuter mini-buses, and major highways provide transportation access. The building was constructed in 2010.
The suite is at 134-43 Maple Avenue C1b in Downtown Flushing, near banks, restaurants, supermarkets, retail stores, the post office, and the library. Bus routes, the #7 subway, LIRR, express buses, commuter mini-buses, and major highways provide transportation access. The building was constructed in 2010.
Key Highlights
- Approximately 1,318 SF ground‑floor medical office suite
- Four examination rooms plus one private office
- Renovated interiors with custom cabinetry, utility sinks, and quartz reception counter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,394
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,880
$867.9K
Cap Rate 7%
$619,914
$619.9K
Cap Rate 9%
$482,156
$482.2K
Market Conditions
NOI Build-Up for 1,318 SF
Gross rent
$66.4K $50.40/SF
− Vacancy
−$8.6K −$6.50/SF
EGI
$57.9K $43.90/SF
− OpEx
−$14.5K −$10.97/SF
NOI
$43.4K $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%
$867,880
Cap Rate 7%
$619,914
Cap Rate 9%
$482,156
Alternative Uses
Best Use
Office B
$619.9K
$542.4K – $723.2K
NOI $43,394 @ 7.0% cap · market cap 4.83%
Second Best
Healthcare Medical
$434.1K
$379.9K – $506.5K
NOI $30,390 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$971.6K
$850.2K – $1.13M
NOI $68,015 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9,900
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
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- College Point Veterinary Center — Flushing, NY 11357
- Kim Patrick PC — 14905 Northern Blvd, Flushing, NY 11354
Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated clinical suite with private rooms, custom cabinetry, upgraded lighting, and enhanced ventilation.
Where is this medical office space located?
The property is located at 134-43 Maple Avenue C1b Flushing, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 1,318 SF ground‑floor medical office suite; Four examination rooms plus one private office; Renovated interiors with custom cabinetry, utility sinks, and quartz reception counter
