31-38 137th Street Unit 201 Unit 201, New York, NY 11354
For-sale office unit in Flushing with full bathrooms and available indoor parking.
- Added:
- Apr 18, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 15 at 4:38 am
Property Features for 31-38 137th Street Unit 201 Unit 201
General Information
- Standard status
- Active
- Size
- 1,628 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing agent Alan Mei (718) 888-9168
Listing office SpaceMax Realty Inc (718) 888-9168
Listing date Apr 18, 2026
Source Xome
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 SpaceMax Realty Inc
HighLights
- For‑sale commercial office unit in Flushing, built in 2007
- Heating system listed as 3
- Includes full bathrooms
- Indoor parking spaces available
- About a 15‑minute walk to Main Street #7 Train
- Asking price $688K
Overview
The property is located in Flushing, with public remarks noting it is about a 15-minute walking distance to Main Street and the #7 train. The address is 31-38 137th Street Unit 201, New York, NY 11354.
With full bathrooms and on-site indoor parking, the space can support both client-facing and day-to-day operations for tenants and organizations that need functional plumbing accommodations. Its flexibility across multiple office and service categories may appeal to professional users as well as religious and day care operators seeking a dedicated office arrangement in a transit-connected Flushing setting.
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 | $83.8k | $51.48 |
| − Vacancy | −$15.8k | −$9.73 |
| EGI | $68.0k | $41.75 |
| − OpEx | −$17.0k | −$10.44 |
| NOI | $51.0k | $31.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.8314898
- Latitude
- 40.7691891
