9th-Floor Office Condo
136-33 37th Avenue Flushing, NY 11354
136-33 37th Avenue, Flushing, NY, 11354
$2,198,000
For Sale
$2,198,000
SINGLE_FAMILY - Flushing, NY
Property Size3,416 SF
Price / SF$643.44
Days on Market47
Property Features for 136-33 37th Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C4-3
- Parking features
- Valet, Parking Lot
- Security features
- Security System
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 04977-1133
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2807
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Building materials
- Fiberglass Siding
Listing Agency
B Square Realty
(718) 939-8388
13620 38th Ave Ste 3E, Flushing, NY
Listed by
Li Li
(646) 889-9988
Added: Jun 3 Checked: Jul 19 at 12:06 pm
MLS# 1007365
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 offering is for a commercial office condominium suite in Renaissance Tower, located on the 9th floor. Unit 9A provides an open, efficient layout and may be delivered vacant, offering flexibility for immediate occupancy or customized setup. The suite can also be combined with Unit 9B to create a larger office configuration.
Renaissance Tower is a modern, full-service building with elevator access, professional management, and 24-hour security service. The building provides over 130 indoor attendant parking spaces for owners and visitors. The property is positioned for transit and local access, with proximity to Main Street, the 7 subway line, LIRR, municipal parking facilities, and multiple bus routes. The surrounding area includes banks, restaurants, shopping centers, and other retail services in Downtown Flushing.
The property is zoned C4-3, supporting a range of commercial office uses within the building’s established downtown setting.
Renaissance Tower is a modern, full-service building with elevator access, professional management, and 24-hour security service. The building provides over 130 indoor attendant parking spaces for owners and visitors. The property is positioned for transit and local access, with proximity to Main Street, the 7 subway line, LIRR, municipal parking facilities, and multiple bus routes. The surrounding area includes banks, restaurants, shopping centers, and other retail services in Downtown Flushing.
The property is zoned C4-3, supporting a range of commercial office uses within the building’s established downtown setting.
Key Highlights
- Office condo in Renaissance Tower in Downtown Flushing
- Unit 9A on the 9th floor offers approx. 1,826 SF and can be delivered vacant
- Unit 9A can be combined with Unit 9B for approx. 3,416 SF total
Local 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 | $172.2k | $50.40 |
| − Vacancy | −$22.2k | −$6.50 |
| EGI | $150.0k | $43.90 |
| − OpEx | −$37.5k | −$10.97 |
| NOI | $112.5k | $32.92 |
3,416 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.87M
NOI $112,468 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M
NOI $176,282 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
中科健康国际 - 中科灵芝孢子油|孢子粉|增强免疫
Specialty Food Shop
Steve Yang CPA
Accounting Firm
A E & Ly Medical ...
Medical Clinic
Tesla Destination Charger
Electric Vehicle Charging Station
Yonghong Xiao MD
Medical Clinic
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FAQs
What type of property is this?
Office units - 9th-floor office condominium with elevator access, 24-hour security, and ability to combine with adjacent unit.
Where is this office units located?
The property is located at 136-33 37th Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $2,198,000.
What are key features of this property?
This property features: Office condo in Renaissance Tower in Downtown Flushing; Unit 9A on the 9th floor offers approx. 1,826 SF and can be delivered vacant; Unit 9A can be combined with Unit 9B for approx. 3,416 SF total
