Office Condominium Suite on 9th
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
(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# 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.
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
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
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
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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