14024 31st Drive, Flushing, NY 11354
SINGLE_FAMILY - Flushing, NY
- Added:
- Mar 16, 2026
- Days on Market:
- 104
- Last Refresh:
- Jun 27 at 9:06 pm
Property Features for 14024 31st Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- R5D
- Parking features
- Assigned
- Accessibility
- Accessible Elevator Installed, Accessible Approach with Ramp
- Standard status
- Active
- APN
- 04414-1102
- Size
- 959 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 272
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Flooring type
- Hardwood
- Building materials
- Brick
Listing agent Kimberly Park (212) 844-9794
Listing office Chous Realty Group Inc 4203 162nd St, Flushing, NY (718) 353-8818
Listing date Mar 16, 2026
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.
HighLights
- Prime Flushing location with high visibility and easy accessibility on the ground floor, ideal for professional offices or medical practices.
- Immediate rental income of $2,100/month from a reliable tenant, offering a strong investment opportunity.
- Community Facility (CF) unit, providing flexibility for various business uses.
- Low property taxes, contributing to reduced ownership costs.
- Well‑maintained building constructed in 2005, ensuring modern infrastructure.
- Conveniently located near public transportation, shops, and schools.
Overview
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 | $48.3k | $50.40 |
| − Vacancy | −$6.2k | −$6.50 |
| EGI | $42.1k | $43.90 |
| − OpEx | −$10.5k | −$10.97 |
| NOI | $31.6k | $32.92 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- College Point Veterinary Center — Flushing, NY 11357
- Dr. Perkins — 33-26 Union St, Queens, NY 11354
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.82769
- Latitude
- 40.769508
