Tenant-Occupied Office
For Sale
$1,280,000
14627 Beech Avenue 1a, Flushing, NY 11355
The unit has approximately 1,610 square feet and parking available.
Property Size1,610 SF
Price / SF$795.03
Days on Market29
Property Features for 14627 Beech Avenue 1a
General Information
Standard status
Active
Size
1,610 SF
Building Details
Year Built
2007
Listing Agency:
Chase Global Realty Corp
Listed By:
Katrina Qiao Y. Wang
(718) 757-6068
Source:
Benny.agcorerealty
Added: Sep 24
Changed: Oct 21
Last Checked: Oct 20 at 11:57PM
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
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Investment Insights
Based on property information with market context.
Unit 1A is an office condominium with approximately 1,610 square feet, built in 2007. Parking is available, and the space is currently occupied by a tenant.
The property is in Flushing, with access to local businesses, transportation, and major roadways.
The property is in Flushing, with access to local businesses, transportation, and major roadways.
Key Highlights
- Approximately 1,610 square feet of office space
- Currently tenant‑occupied
- Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,007
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,140
$1.1M
Cap Rate 7%
$757,243
$757.2K
Cap Rate 9%
$588,967
$589.0K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$81.1K $50.40/SF
− Vacancy
−$10.5K −$6.50/SF
EGI
$70.7K $43.90/SF
− OpEx
−$17.7K −$10.97/SF
NOI
$53.0K $32.92/SF
Area
Queens County, NY
Vacancy
12.90%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,140
Cap Rate 7%
$757,243
Cap Rate 9%
$588,967
Alternative Uses
Best Use
Office B
$757.2K
$662.6K – $883.5K
NOI $53,007 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,084 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,001
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The unit has approximately 1,610 square feet and parking available.
Where is this office unit located?
The property is located at 14627 Beech Avenue 1a Flushing, NY.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Approximately 1,610 square feet of office space; Currently tenant‑occupied; Parking available
