Ground-Floor Medical
For Sale
$899,000
134-43 Maple Avenue #C1B, Flushing, NY 11355
Four examination rooms, a private office, and updated ventilation support a clinical layout.
Property Size1,318 SF
Price / SF$682.09
Days on Market247
Property Features for 134-43 Maple Avenue #C1B
General Information
Standard status
Active
Size
1,318 SF
Property subtype
Commercial
Space & Availability
Floor
Ground Floor
Condition
Newly Renovated
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$792
Building Details
Building Size
1,318 SF
Year Built
2010
Listing Agency:
B Square Realty
(718) 939-8388
Listed By:
Li Li
(646) 889-9988
Source:
Croninreale
Added: Feb 19
Changed: Oct 23
Last Checked: Oct 23 at 4:23PM
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.
This 1,318-square-foot medical office occupies the ground floor of Maple Tower and was renovated in 2010? Actually, the source identifies the building year as 2010 and describes the suite as newly renovated. Its layout includes four examination rooms and a separate private office. Improvements include vinyl wood flooring, locked European-style exam room doors, custom cabinetry with utility sinks and Delta faucets, and a reception counter finished with marble quartz. LED panel lighting, replacement ceiling tiles, three security cameras, a smart thermostat, square-cone diffusers, and upgraded ventilation are also in place. The restroom has a custom sink and ceiling-mounted exhaust fan.
The property is at 134-43 Maple Avenue in Downtown Flushing, with banks, restaurants, supermarkets, retail, a post office, and a library in the surrounding area. Nearby transit options include multiple bus lines, the #7 subway, LIRR, express buses, and commuter mini-buses serving Manhattan and Brooklyn. The listing also identifies an ICAP tax abatement and access to major highways.
The property is at 134-43 Maple Avenue in Downtown Flushing, with banks, restaurants, supermarkets, retail, a post office, and a library in the surrounding area. Nearby transit options include multiple bus lines, the #7 subway, LIRR, express buses, and commuter mini-buses serving Manhattan and Brooklyn. The listing also identifies an ICAP tax abatement and access to major highways.
Key Highlights
- 1,318 SF ground‑floor medical suite in Maple Tower
- Four examination rooms and one private office
- Renovated suite with updated restroom and upgraded ventilation
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 - Four examination rooms, a private office, and updated ventilation support a clinical layout.
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: 1,318 SF ground‑floor medical suite in Maple Tower; Four examination rooms and one private office; Renovated suite with updated restroom and upgraded ventilation
