Mixed-Use Office Space for
14627 Beech Avenue #1B Flushing, NY 11355
14627 Beech Avenue #1B, Flushing, NY, 11355
$1,390,000
For Sale
$1,390,000
First-floor space currently occupied by a long-term daycare tenant, with vacant delivery available if required.
Property Size1,731 SF
Price / SF$803
Days on Market177
Property Features for 14627 Beech Avenue #1B
General Information
- Standard status
- Active
- Size
- 1,731 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
E Realty International Corp
(347) 996-7996
Listed by
Fenger Zou · License #10401313262
(347) 996-7996
Source
Cohenandcohenrealty
Added: Jan 27 Updated: Jul 22 at 9:11PM Checked: Jul 22 at 9:11PM
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 E Realty International Corp
Investment Insights
Based on property information with market context.
This for-sale property includes approximately 1,731 square feet of usable first-floor space and is currently occupied by a long-term, stable daycare tenant. The space can be delivered vacant if required, providing flexibility for an incoming buyer.
The property is positioned in Flushing within walking distance to Main Street, the 7 train, supermarkets, and other everyday conveniences.
While the current tenant is a daycare, the listing notes the space may be suited to medical offices, tutoring centers, or professional offices.
The property is positioned in Flushing within walking distance to Main Street, the 7 train, supermarkets, and other everyday conveniences.
While the current tenant is a daycare, the listing notes the space may be suited to medical offices, tutoring centers, or professional offices.
Key Highlights
- 1,731 sq ft of usable first‑floor commercial space
- Currently occupied by a long‑term daycare tenant
- Can be delivered vacant if required
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 | $87.2k | $50.40 |
| − Vacancy | −$11.3k | −$6.50 |
| EGI | $76.0k | $43.90 |
| − OpEx | −$19.0k | −$10.97 |
| NOI | $57.0k | $32.92 |
1,731 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$814.2K
$712.4K – $949.9K
NOI $56,991 @ 7.0% cap · market cap 4.10%
Second Best
Healthcare Medical
$570.2K
$498.9K – $665.2K
NOI $39,913 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,328 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
Similar Off Market Nearby
- The Child Center of NY @ I.S. 237 SONYC Afterschool — 46-21 Colden St, Queens, NY 11355
- Little Lollipop Daycare — 140-15 Holly Ave, Queens, NY 11355
- Red Sun Children Development, Inc. — 137-35 Elder Ave, Queens, NY 11355
- Little All Stars Day Care — 143-40 Quince Ave, Queens, NY 11355
- Elim School (엘림유치원) — 157-15 Oak Ave, Queens, NY 11355
FAQs
What type of property is this?
Day care center - First-floor space currently occupied by a long-term daycare tenant, with vacant delivery available if required.
Where is this day care center located?
The property is located at 14627 Beech Avenue #1B Flushing, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 1,731 sq ft of usable first‑floor commercial space; Currently occupied by a long‑term daycare tenant; Can be delivered vacant if required
