Three-Story Office
New
For Sale
$2,499,000
14021 Queens Boulevard, New York, NY 11435
Renovated interiors and updated mechanical, electrical, and lighting systems serve a contemporary office environment.
Property Size3,300 SF
Price / SF$757.27
Days on Market4
Property Features for 14021 Queens Boulevard
General Information
Standard status
Active
Size
3,300 SF
Site & Location
Neighborhood
Jamaica
Public Transit
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$23,135
Building Details
Buildings
1
Stories
3
Listing Agency:
Signature Premier Properties
(516) 766-7900
Listed By:
Oksana Malayeva SFR
(347) 575-3800
Source:
Exprealty
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:25PM
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 Signature Premier Properties
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Investment Insights
Based on property information with market context.
This three-story office property contains 3,300 square feet and has undergone a full interior renovation. Updated bathrooms accompany improvements to the heating, air conditioning, electrical, and lighting systems. Contemporary finishes and natural light shape the workspace, with a layout designed for office use.
The building fronts Queens Boulevard in Jamaica, with public transportation options nearby. Jamaica–Van Wyck and Sutphin Boulevard subway stations are each approximately 0.3 mile away. The Jamaica LIRR and AirTrain JFK hub is approximately 0.6 mile from the property. MTA bus service includes the Q60 on Queens Boulevard, with Q20 and Q44 connections nearby.
The building fronts Queens Boulevard in Jamaica, with public transportation options nearby. Jamaica–Van Wyck and Sutphin Boulevard subway stations are each approximately 0.3 mile away. The Jamaica LIRR and AirTrain JFK hub is approximately 0.6 mile from the property. MTA bus service includes the Q60 on Queens Boulevard, with Q20 and Q44 connections nearby.
Key Highlights
- 3,300‑square‑foot office building across three stories
- Interior renovation includes updated bathrooms and contemporary finishes
- Heating, air conditioning, electrical, and lighting systems have been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,332
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,066,640
$2.1M
Cap Rate 7%
$1,476,171
$1.5M
Cap Rate 9%
$1,148,133
$1.1M
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$169.9K $51.48/SF
− Vacancy
−$32.1K −$9.73/SF
EGI
$137.8K $41.75/SF
− OpEx
−$34.4K −$10.44/SF
NOI
$103.3K $31.31/SF
Area
New York, NY
Vacancy
18.90%
Lease Rate
$51.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,066,640
Cap Rate 7%
$1,476,171
Cap Rate 9%
$1,148,133
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,332 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.21M
$7.19M – $9.58M
NOI $574,992 @ 7.0% cap · market cap 23.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,748
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
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Renovated interiors and updated mechanical, electrical, and lighting systems serve a contemporary office environment.
Where is this office building located?
The property is located at 14021 Queens Boulevard New York, 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 office building across three stories; Interior renovation includes updated bathrooms and contemporary finishes; Heating, air conditioning, electrical, and lighting systems have been updated
