First-Floor Office
146-14 35th Ave MD2 Queens, NY 11354
146-14 35th Ave MD2, Queens, NY, 11354
$350,000
For Sale
$350,000
Versatile first-floor condo with lobby-level access and high ceilings, currently used as a dental lab.
Property Size1,200 SF
Price / SF$291.67
Days on Market45
Property Features for 146-14 35th Ave MD2
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing Agency
Annkey Realty, Inc.
(347) 553-2661
Listed by
Thinley Yangkyi
(347) 553-2661
Source
Elliman
Added: Jun 3 Checked: Jul 16 at 9:47 am
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 Annkey Realty, Inc.
Investment Insights
Based on property information with market context.
This large commercial office condo is located on the first floor of a residential condo building, offering lobby-level access for easy customer and staff entry. The space is currently operating as a dental lab and includes high ceilings and an approximately 1,200 SF interior area with a functional layout. The condo can be delivered fully vacant at closing, allowing an end-user or investor to customize the space for their intended use.
Situated in the heart of Flushing on 146th Street, the property is about one block from Northern Blvd and minutes to Main Street, with convenient access to the subway, LIRR, buses, restaurants, shopping, and other major conveniences.
With its flexible configuration and straightforward first-floor presence, the condo is suited for a range of professional and service-oriented uses, including office space, medical use, retail, and showroom applications. The combination of lobby-level access, an adaptable interior, and a vacant delivery supports a tenant-ready transition for a business looking to establish in a well-established Queens commercial corridor.
Situated in the heart of Flushing on 146th Street, the property is about one block from Northern Blvd and minutes to Main Street, with convenient access to the subway, LIRR, buses, restaurants, shopping, and other major conveniences.
With its flexible configuration and straightforward first-floor presence, the condo is suited for a range of professional and service-oriented uses, including office space, medical use, retail, and showroom applications. The combination of lobby-level access, an adaptable interior, and a vacant delivery supports a tenant-ready transition for a business looking to establish in a well-established Queens commercial corridor.
Key Highlights
- 2003‑built commercial office condo with approximately 1,200 SF of interior space
- First‑floor unit with lobby‑level access in a residential condo building
- High ceilings and functional layout currently operating as a dental lab
Local Financial Insights For Healthcare Medical
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 | $50.4k | $42.00 |
| − Vacancy | −$4.3k | −$3.57 |
| EGI | $46.1k | $38.43 |
| − OpEx | −$18.4k | −$15.37 |
| NOI | $27.7k | $23.06 |
1,200 SF · lease $42.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$564.4K
$493.9K – $658.5K
NOI $39,509 @ 7.0% cap · market cap 11.29%
Second Best
Healthcare Medical
$395.3K
$345.9K – $461.2K
NOI $27,670 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$884.7K
$774.1K – $1.03M
NOI $61,926 @ 7.0% cap · market cap 17.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Beauty Story SkinCare/美容美体中心/리프팅,여드름,모공,흉터관리
Medical Clinic
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FAQs
What type of property is this?
Office units - Versatile first-floor condo with lobby-level access and high ceilings, currently used as a dental lab.
Where is this office units located?
The property is located at 146-14 35th Ave MD2 Queens, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2003‑built commercial office condo with approximately 1,200 SF of interior space; First‑floor unit with lobby‑level access in a residential condo building; High ceilings and functional layout currently operating as a dental lab
