Flushing Condo Office For
For Sale
$483,800
2g-13336 41st Rd, Flushing, NY 11373
Professional office condo in central Flushing, convenient location.
Property Size415 SF
Price / SF$1,165
Days on Market185
Property Features for 2g-13336 41st Rd
General Information
Standard status
Active
Size
415 SF
Taxes and HOA fees
Annual Taxes
$5,806
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Wen Z. Chen · License #10401296348
(646) 919-9033
Source:
Exprealty
Added: Apr 15
Changed: Oct 1
Last Checked: Oct 14 at 11:25PM
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 Winzone Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering is a 415 square foot condo office located in central Flushing. The professional office space includes a half bath. The location benefits from high foot traffic and convenient access to transit. The common charge is $284.6 per month.
Key Highlights
- Central Flushing location
- Professional office space
- Convenient to transit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,663
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,260
$273.3K
Cap Rate 7%
$195,186
$195.2K
Cap Rate 9%
$151,811
$151.8K
Market Conditions
NOI Build-Up for 415 SF
Gross rent
$20.9K $50.40/SF
− Vacancy
−$2.7K −$6.50/SF
EGI
$18.2K $43.90/SF
− OpEx
−$4.6K −$10.97/SF
NOI
$13.7K $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%
$273,260
Cap Rate 7%
$195,186
Cap Rate 9%
$151,811
Alternative Uses
Best Use
Office B
$195.2K
$170.8K – $227.7K
NOI $13,663 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.9K
$267.7K – $356.9K
NOI $21,416 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
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
Frequently Asked Questions
What type of property is this?
Office units - Professional office condo in central Flushing, convenient location.
Where is this office units located?
The property is located at 2g-13336 41st Rd Flushing, NY.
What is the asking price?
The asking price for this property is $483,800.
What are key features of this property?
This property features: Central Flushing location; Professional office space; Convenient to transit
