New Mixed-Use Building For
For Sale
Contact for pricing
214-13 41st Ave, Queens, NY
New construction mixed-use building with residential, retail, and parking.
Property Size36,324 SF
Lot Size0.09 Acres
Price / SF$519.99
Days on Market381
Property Features for 214-13 41st Ave
General Information
Standard status
Active
Size
36,324 SF
Lot size
0.09 Acres
Property subtype
OFFICE
Listing Agency:
B6 Real Estate Advisors
(212) 473-2600
Listed By:
Alex Woodlief · License #10401244880
(646) 933-2677
Source:
Moodyscre
Added: Sep 25, 2025
Changed: Oct 4
Last Checked: Oct 9 at 9:49PM
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 B6 Real Estate Advisors
Investment Insights
Based on property information with market context.
This is a new construction mixed-use building completed in 2023. The property has a total of 22 units, including 18 residential units (13 market rate and 5 affordable), 2 ground floor retail spaces, 1 community facility, and 1 garage. The garage can accommodate up to 42 parking spaces. The property's total size is 36324 square feet.
Key Highlights
- New construction completed in 2023.
- Mixed‑use building with residential, retail, community facility, and garage components.
- 18 Residential Units (13 Market Rate + 5 Affordable).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$887,919
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,758,380
$17.8M
Cap Rate 7%
$12,684,557
$12.7M
Cap Rate 9%
$9,865,767
$9.9M
Market Conditions
NOI Build-Up for 36,324 SF
Gross rent
$1.68M $46.20/SF
− Vacancy
−$63.8K −$1.76/SF
EGI
$1.61M $44.44/SF
− OpEx
−$726.5K −$20.00/SF
NOI
$887.9K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,758,380
Cap Rate 7%
$12,684,557
Cap Rate 9%
$9,865,767
Alternative Uses
Best Use
Apartment 5plus
$12.68M
$11.10M – $14.80M
NOI $887,919 @ 7.0% cap · market cap 4.70%
Second Best
Retail
$9.26M
$8.10M – $10.81M
NOI $648,383 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$26.78M
$23.43M – $31.24M
NOI $1,874,493 @ 7.0% cap · market cap 9.92%
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
5,153
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - New construction mixed-use building with residential, retail, and parking.
Where is this mixed-use property located?
The property is located at 214-13 41st Ave Queens, NY.
What is the asking price?
The asking price for this property is $18,888,000.
What are key features of this property?
This property features: New construction completed in 2023.; Mixed‑use building with residential, retail, community facility, and garage components.; 18 Residential Units (13 Market Rate + 5 Affordable).
