Office Unit with Two
For Sale
Contact for pricing
14203 45th Avenue, New York, NY 11355
An open ground-level layout includes an accessible restroom and separate entry points.
Property Size1,000 SF
Price / SF$3.30
Days on Market19
Property Features for 14203 45th Avenue
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Site & Location
Neighborhood
Queens
Road Access
Yes
Utilities to Site
Yes
Additional Details
Floor
Ground Floor
Amenities
ADA-accessible restroom
two separate entrances
Building Details
Year Built
2006
Listing Agency:
Chase Global Realty Corp
(718) 355-8788
Listed By:
Sophia X. Yao · License #10311209828
(929) 260-9118
Source:
Neilcharlesrealestate
Added: Oct 13
Changed: Oct 30
Last Checked: Oct 30 at 1:53AM
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 Chase Global Realty Corp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ground-floor office unit at 14203 45th Avenue has an open interior, an ADA-accessible restroom, and two separate entrances. The property was built in 2006 and is located in Flushing. Multiple parking spaces are available. Water is included, while occupants pay for other utilities; there is no maintenance fee.
Key Highlights
- Ground‑floor office space with an open layout
- Two separate entrances and an ADA‑accessible restroom
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,313
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,260
$626.3K
Cap Rate 7%
$447,329
$447.3K
Cap Rate 9%
$347,922
$347.9K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$51.5K $51.48/SF
− Vacancy
−$9.7K −$9.73/SF
EGI
$41.8K $41.75/SF
− OpEx
−$10.4K −$10.44/SF
NOI
$31.3K $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%
$626,260
Cap Rate 7%
$447,329
Cap Rate 9%
$347,922
Alternative Uses
Best Use
Office B
$447.3K
$391.4K – $521.9K
NOI $31,313 @ 7.0% cap · market cap 948.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.49M
$2.18M – $2.90M
NOI $174,240 @ 7.0% cap · market cap 5,280.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,883
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - An open ground-level layout includes an accessible restroom and separate entry points.
Where is this office unit located?
The property is located at 14203 45th Avenue New York, NY.
What are key features of this property?
This property features: Ground‑floor office space with an open layout; Two separate entrances and an ADA‑accessible restroom; Built in 2006
