Office Building with Central
For Sale
$1,799,999
15046 14th Avenue, Whitestone, NY 11357
Commercial Sale, Whitestone, NY
Property Size4,202 SF
Lot Size0.07 Acres
Price / SF$428.37
Days on Market270
Property Features for 15046 14th Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C2-2
Rooms
Basement
Basement
Finished
Standard status
Active
APN
04678-0005
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8427
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2016
Floors in Building
3
Building materials
Block, Brick
Listing Agency:
Century Homes Realty Group LLC · EXIT Realty
(718) 886-6800
Listed By:
Dong Zheng
(917) 703-6823
Added: Jan 13
Changed: Oct 5
Last Checked: Oct 10 at 12:06PM
MLS# 951542
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office building at 15046 14th Avenue includes approximately 4,202 square feet of commercial space within a 20' x 75' building on a 20' x 150' lot. Completed in 2016, the property has block and brick construction, central air conditioning, natural gas heat, and a basement. Public water and public sewer serve the site. The property is zoned C2-2.
The building is positioned along a commercial corridor in Whitestone, with pedestrian and vehicular activity described in the surrounding area. Multiple bus routes and nearby subway access provide public transportation connections. The broader business district includes retail, professional, and service-oriented businesses.
The building is positioned along a commercial corridor in Whitestone, with pedestrian and vehicular activity described in the surrounding area. Multiple bus routes and nearby subway access provide public transportation connections. The broader business district includes retail, professional, and service-oriented businesses.
Key Highlights
- Approximately 4,202 square feet of commercial space
- 20' x 150' lot with a 20' x 75' building
- Built in 2016 with block and brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,346
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,766,920
$2.8M
Cap Rate 7%
$1,976,371
$2.0M
Cap Rate 9%
$1,537,178
$1.5M
Market Conditions
NOI Build-Up for 4,202 SF
Gross rent
$211.8K $50.40/SF
− Vacancy
−$27.3K −$6.50/SF
EGI
$184.5K $43.90/SF
− OpEx
−$46.1K −$10.97/SF
NOI
$138.3K $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%
$2,766,920
Cap Rate 7%
$1,976,371
Cap Rate 9%
$1,537,178
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,346 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,843 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,526
Businesses Nearby
Explore this area
Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A 2016-built commercial property with central air, public utilities, and basement space.
Where is this office building located?
The property is located at 15046 14th Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Approximately 4,202 square feet of commercial space; 20' x 150' lot with a 20' x 75' building; Built in 2016 with block and brick construction
