Mixed-Use Property with Medical
For Sale
$1,560,000
157-14 20th Road, Whitestone, NY 11357
Two floors combine a medical clinic layout with a separate three-bedroom, two-bathroom residence.
Property Size2,562 SF
Price / SF$608.90
Days on Market232
Property Features for 157-14 20th Road
General Information
Standard status
Active
Size
2,562 SF
Property subtype
Commercial
Zoning
R3-1
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Condition
Move-in Ready
Office Units
1
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$9,512
Amenities
private balcony
skylights
high-ceiling basement
separate entrance
spacious backyard
sunny Florida room
Building Details
Building Size
2,562 SF
Year Built
1955
Buildings
1
Units
2
Construction
brick
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Xiao H. Chen · License #10401299357
(646) 508-9880
Source:
Croninreale
Added: Mar 6
Changed: Oct 23
Last Checked: Oct 23 at 9:55AM
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
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Investment Insights
Based on property information with market context.
This renovated, detached brick property contains 2,562 square feet and was built in 1955. The first floor is configured as a medical clinic with two bedrooms and two bathrooms; the second floor has three bedrooms, two bathrooms, skylights, and a private balcony. A high-ceiling basement has a separate entrance, and the property also includes a Florida room, backyard, double driveway, and detached garage.
Three electric meters and two gas meters serve the property. It is zoned R3-1 and is near the Q76 bus to Flushing and the QM express bus to Manhattan.
Three electric meters and two gas meters serve the property. It is zoned R3-1 and is near the Q76 bus to Flushing and the QM express bus to Manhattan.
Key Highlights
- 2,562 square feet; built in 1955
- First‑floor medical clinic layout with 2 bedrooms and 2 bathrooms
- Second floor has 3 bedrooms, 2 bathrooms, skylights, and a private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,351
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,020
$1.7M
Cap Rate 7%
$1,205,014
$1.2M
Cap Rate 9%
$937,233
$937.2K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$129.1K $50.40/SF
− Vacancy
−$16.7K −$6.50/SF
EGI
$112.5K $43.90/SF
− OpEx
−$28.1K −$10.97/SF
NOI
$84.4K $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%
$1,687,020
Cap Rate 7%
$1,205,014
Cap Rate 9%
$937,233
Alternative Uses
Best Use
Office B
$1.21M
$1.05M – $1.41M
NOI $84,351 @ 7.0% cap · market cap 5.41%
Second Best
Healthcare Medical
$843.9K
$738.4K – $984.6K
NOI $59,075 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,211 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,431
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
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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?
Mixed-use property - Two floors combine a medical clinic layout with a separate three-bedroom, two-bathroom residence.
Where is this mixed-use property located?
The property is located at 157-14 20th Road Whitestone, NY.
What is the asking price?
The asking price for this property is $1,560,000.
What are key features of this property?
This property features: 2,562 square feet; built in 1955; First‑floor medical clinic layout with 2 bedrooms and 2 bathrooms; Second floor has 3 bedrooms, 2 bathrooms, skylights, and a private balcony
