Medical Office Space with Dedicated
35-30 146th Street Cf 1, Flushing, NY 11354
For Sale
New
$3,230,000
Two suites can be joined to create a larger medical or educational facility.
Property Size3,785 SF
Price / SF$853.37
Days on Market3
Property Features for 35-30 146th Street Cf 1
General Information
Standard status
Size
Elevators
Additional Details
Public Transit
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
exclusive entrance
No
Public
3785
Building Details
Building Size
Listing Agency:
P R O Links Realty Inc
(914) 788-6339
Listed By:
Michael DiDomizio
Source:
Schunkrealtygroup
Added: Nov 7
Changed: Nov 9
Last Checked: Nov 8 at 4:31PM
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 P R O Links Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two medical office spaces are available at 3,785 SF and 4,631 SF, with the option to combine them into one 8,416 SF suite. The property includes a separate entrance and elevator serving the space.
The stated potential uses include medical offices, educational centers, and other community facility functions.
The stated potential uses include medical offices, educational centers, and other community facility functions.
Key Highlights
- Two available suites: 3,785 SF and 4,631 SF
- Can be combined into one 8,416 SF space
- Separate entrance and elevator serve the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,617
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,492,340
$2.5M
Cap Rate 7%
$1,780,243
$1.8M
Cap Rate 9%
$1,384,633
$1.4M
Market Conditions
NOI Build-Up for 3,785 SF
Gross rent
$190.8K $50.40/SF
− Vacancy
−$24.6K −$6.50/SF
EGI
$166.2K $43.90/SF
− OpEx
−$41.5K −$10.97/SF
NOI
$124.6K $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%
$2,492,340
Cap Rate 7%
$1,780,243
Cap Rate 9%
$1,384,633
Alternative Uses
Best Use
Office B
$1.78M
$1.56M – $2.08M
NOI $124,617 @ 7.0% cap · market cap 3.86%
Second Best
Healthcare Medical
$1.25M
$1.09M – $1.45M
NOI $87,275 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$2.79M
$2.44M – $3.26M
NOI $195,324 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,396
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11354, NY
61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Flushing, NY
Properties on Market for Medical Office Space in Flushing
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
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- Veterinary Care Group - Whitestone — 14938 14th Ave, Whitestone, NY 11357
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two suites can be joined to create a larger medical or educational facility.
Where is this medical office space located?
The property is located at 35-30 146th Street Cf 1 Flushing, NY.
What is the asking price?
The asking price for this property is $3,230,000.
What are key features of this property?
This property features: Two available suites: 3,785 SF and 4,631 SF; Can be combined into one 8,416 SF space; Separate entrance and elevator serve the space
