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Office Condominium Suite on 9th Floor

136-33 37th Avenue Flushing, NY 11354

136-33 37th Avenue, Flushing, NY, 11354
$1,899,000
For Sale
$1,899,000

SINGLE_FAMILY - Flushing, NY

Property Size3,416 SF
Price / SF$555.91
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
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
04977-1133

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
2445

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
13620 38th Ave Ste 3E, Flushing, NY
Listed by Li Li
Added: Jun 3 Checked: Jul 19 at 12:06 pm
MLS# 1007522

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.

Office condominium Unit 9B is located on the 9th floor of Renaissance Tower, a modern full-service building. The suite offers an approximately 1,589-square-foot layout and may be delivered vacant, allowing for immediate occupancy or customization for an owner-user. Unit 9B can also be combined with Unit 9A for users seeking a larger configuration, totaling approximately 3,416 square feet.

Renaissance Tower provides elevator access, professional management, and 24-hour security service. The building has over 130 indoor attendant parking spaces for owners and visitors, supporting convenient parking needs. The property is in the heart of Flushing’s business district and is described as being moments from Main Street and served by the 7 subway line, LIRR, municipal parking facilities, and multiple bus routes.

This offering can fit a range of service-oriented office users, including law, accounting, medical, financial, investment, administrative, or other professional services, based on the flexible office condominium configuration. With zoning listed as C4-3, the property provides an owned office option in Downtown Flushing for businesses evaluating a long-term presence and for investors considering a well-accessible commercial office condominium within a full-service building.

Key Highlights

  • Commercial office condo at Renaissance Tower in Downtown Flushing—Unit 9B on the 9th floor
  • Approx. 1,589 SF suite can be delivered vacant for immediate occupancy, customization, or owner use
  • Unit 9B may be combined with Unit 9A for approx. 3,416 SF total space

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 (±1% cap)
NOI $112,468 @ 7.0% cap · market cap 5.92%
Second Best
no second resolved use
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M (±1% cap)
NOI $176,282 @ 7.0% cap · market cap 9.28%
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

Suggested Use

Nursing Home Nursing Home Garden Center Parking Lot & Garage Hotel & Motel Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 9B is a 9th-floor office suite at Renaissance Tower, suited for professional uses with elevator service and 24-hour security.
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 $1,899,000.
What are key features of this property?
This property features: Commercial office condo at Renaissance Tower in Downtown Flushing—Unit 9B on the 9th floor; Approx. 1,589 SF suite can be delivered vacant for immediate occupancy, customization, or owner use; Unit 9B may be combined with Unit 9A for approx. 3,416 SF total space
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