14021 Queens Blvd, Jamaica, NY 11435

Building Details

Year Built 1910 More

Buildings 1 More

Stories 3 More

Listing Agency: Signature Premier Properties

Listed By: Oksana Malayeva SFR Show Phone

Source: Searchhomesinlongisland

Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 4:09PM

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Investment Insights

Based on property information with market context.

This 3,300-square-foot office building at 14021 Queens Blvd in Jamaica has three stories and a 1910 construction date. Renovations include the restrooms, heating and air conditioning, electrical service, and lighting. The interior has contemporary finishes and abundant natural light, with workspace arranged for office use.

Queens Boulevard provides the setting, with MTA bus service on the Q60 and Q20 and Q44 connections nearby. The Jamaica–Van Wyck E and Sutphin Boulevard F subway stations are each approximately 0.3 mile away. The Jamaica LIRR and AirTrain JFK hub is approximately 0.6 mile from the property.

Key Highlights

• 3,300‑square‑foot, three‑story office building
• Renovated restrooms and updated heating, air conditioning, electrical, and lighting systems
• Located on Queens Boulevard in Jamaica

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$108,649

Cap Rate

4.35%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,172,980 $2.2M

Cap Rate 7%

$1,552,129 $1.6M

Cap Rate 9%

$1,207,211 $1.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,300 SF

Gross rent

$166.3K $50.40/SF

− Vacancy

−$21.5K −$6.50/SF

EGI

$144.9K $43.90/SF

− OpEx

−$36.2K −$10.97/SF

NOI

$108.6K $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%

$2,172,980

Cap Rate 7%

$1,552,129

Cap Rate 9%

$1,207,211

Alternative Uses

Best Use

Office B

$1.55M

$1.36M – $1.81M (±1% cap)

NOI $108,649 @ 7.0% cap · market cap 4.35%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.43M

$2.13M – $2.84M (±1% cap)

NOI $170,296 @ 7.0% cap · market cap 6.81%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Shimon Matsui, Great ... Real Estate Agency Jacob Equity Loan Service Great Success Realty Real Estate Agency

Suggested Use

Top Pick Gym & Fitness Center Skin Care Clinic Florist Pet Grooming Service Nursing Home Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,141

Businesses Nearby

Explore this area Business Placement

Demographics for 11435, NY

58,980

Population

21,180

Households

2.8

Avg Household Size

38

Median Age

32%

College-Educated

80%

High-School Grad

1.5 sq mi

ZIP Area

39,320

Density / Sq Mi

$79,430

Median Household Income

$43,354

Median Earnings

$1,820

Median Rent

$550,300

Median Home Value

Market

Properties on Market for Office buildings in Queens County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Updated HVAC, electrical, lighting, and restroom improvements support a contemporary office layout.

Where is this office building located?

The property is located at 14021 Queens Blvd Jamaica, NY.

What is the asking price?

The asking price for this property is $2,499,000.

What are key features of this property?

This property features: 3,300‑square‑foot, three‑story office building; Renovated restrooms and updated heating, air conditioning, electrical, and lighting systems; Located on Queens Boulevard in Jamaica