Modern Office Building Built
15046 14TH AVE Flushing, NY 11357
15046 14TH AVE, Flushing, NY, 11357
$1,880,000
For Sale
$1,880,000
Built in 2016, this well-maintained office building is positioned in Whitestone’s established business district.
Property Size4,202 SF
Lot Size0.07 Acres
Price / SF$447.41
Days on Market292
Property Features for 15046 14TH AVE
General Information
- Standard status
- Active
- Size
- 4,202 SF
- Lot size
- 0.07 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2016
Listing agency
Century Homes Realty Group LLC
(917) 703-6823
Listed by
Dong Zheng
(917) 703-6823
Source
Xome
Added: Oct 4, 2025 Updated: Jul 22 at 12:17AM Checked: Jul 22 at 12:17AM
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 Century Homes Realty Group LLC
Investment Insights
Based on property information with market context.
This modern office building was constructed in 2016 and is described as well-maintained. The property includes a 20’ x 75’ building on a 20’ x 150’ lot, providing approximately 4,202 square feet of usable commercial space. It’s positioned for investors or owner-users seeking long-term value, with remarks citing low property taxes and solid rental income.
Located at 15046 14th Ave, Flushing, NY 11357, the building is set along one of Whitestone’s most active commercial corridors. The property benefits from excellent visibility and consistent pedestrian and vehicular traffic, with close proximity to public transportation, including multiple bus routes and nearby subway access. The surrounding area is described as a strong mix of retail, professional, and service-oriented businesses.
The combination of a newer build, active corridor exposure, and nearby transit access supports a range of commercial uses, as outlined in the seller’s remarks.
Located at 15046 14th Ave, Flushing, NY 11357, the building is set along one of Whitestone’s most active commercial corridors. The property benefits from excellent visibility and consistent pedestrian and vehicular traffic, with close proximity to public transportation, including multiple bus routes and nearby subway access. The surrounding area is described as a strong mix of retail, professional, and service-oriented businesses.
The combination of a newer build, active corridor exposure, and nearby transit access supports a range of commercial uses, as outlined in the seller’s remarks.
Key Highlights
- Built in 2016, well‑maintained commercial office building in Whitestone’s established business district
- 20’ x 150’ lot with a 20’ x 75’ building and approximately 4,202 SF of usable commercial space
- Central air cooling
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 | $211.8k | $50.40 |
| − Vacancy | −$27.3k | −$6.50 |
| EGI | $184.5k | $43.90 |
| − OpEx | −$46.1k | −$10.97 |
| NOI | $138.3k | $32.92 |
4,202 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,346 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,843 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Built in 2016, this well-maintained office building is positioned in Whitestone’s established business district.
Where is this office building located?
The property is located at 15046 14TH AVE Flushing, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Built in 2016, well‑maintained commercial office building in Whitestone’s established business district; 20’ x 150’ lot with a 20’ x 75’ building and approximately 4,202 SF of usable commercial space; Central air cooling
