Street-Level Medical Office
2941 PARSONS BLVD Unit CF2/1B Flushing, NY 11354
2941 PARSONS BLVD Unit CF2/1B, Flushing, NY, 11354
$1,900,000
For Sale
$1,900,000
Ground-floor medical office condominium with reception, four exam rooms, and two deeded parking spaces.
Property Size2,189 SF
Price / SF$867.98
Days on Market203
Property Features for 2941 PARSONS BLVD Unit CF2/1B
General Information
- Standard status
- Active
- Size
- 2,189 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing agency
Meerae Realty Corp
(646) 785-1001
Listed by
Daniel Park · License #10311200557
(646) 785-1001
Source
Xome
Added: Dec 30, 2025 Updated: Jul 20 at 9:46PM Checked: Jul 21 at 3:11AM
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 Meerae Realty Corp
Investment Insights
Based on property information with market context.
This ground-floor commercial condominium is offered as a medical office setup, totaling approximately 2,200 square feet. The interior includes a reception area, four exam rooms, two offices, two bathrooms, and a dedicated storage room. The unit is located at street level for convenient access.
The property is situated in a downtown area on Parsons Blvd & Roosevelt Ave in Flushing, NY. Two deeded parking spaces are available and can be sold separately.
As configured, the space is designed to support medical office operations with a clear patient flow from reception into multiple exam rooms, along with offices, restrooms, and storage for day-to-day use.
The property is situated in a downtown area on Parsons Blvd & Roosevelt Ave in Flushing, NY. Two deeded parking spaces are available and can be sold separately.
As configured, the space is designed to support medical office operations with a clear patient flow from reception into multiple exam rooms, along with offices, restrooms, and storage for day-to-day use.
Key Highlights
- 2,200 SF ground‑floor commercial condominium set up as a medical office
- Layout includes reception area, 4 exam rooms, 2 offices, 2 bathrooms, and a storage room
- Central air cooling and heating (Heating: 3)
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 | $110.3k | $50.40 |
| − Vacancy | −$14.2k | −$6.50 |
| EGI | $96.1k | $43.90 |
| − OpEx | −$24.0k | −$10.97 |
| NOI | $72.1k | $32.92 |
2,189 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$900.9K – $1.20M
NOI $72,070 @ 7.0% cap · market cap 3.79%
Second Best
Healthcare Medical
$721.1K
$630.9K – $841.2K
NOI $50,474 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,963 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- College Point Veterinary Center — Flushing, NY 11357
- Kim Patrick PC — 14905 Northern Blvd, Flushing, NY 11354
- Dr. Perkins — 33-26 Union St, Queens, NY 11354
- Flushing Animal Health — 14936 Northern Blvd, Flushing, NY 11354
- Flushing Veterinary Hospital — 4024 Murray St, Flushing, NY 11354
FAQs
What type of property is this?
Medical Office Space - Ground-floor medical office condominium with reception, four exam rooms, and two deeded parking spaces.
Where is this medical office space located?
The property is located at 2941 PARSONS BLVD Unit CF2/1B Flushing, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 2,200 SF ground‑floor commercial condominium set up as a medical office; Layout includes reception area, 4 exam rooms, 2 offices, 2 bathrooms, and a storage room; Central air cooling and heating (Heating: 3)
