35-30 146th Street Cf 2, Flushing, NY 11354

Building Details

Building Size 4,536 SF More

Listing Agency: Show Phone

Listed By: Emmanuel Faure Show Phone

Source: Schunkrealtygroup

Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 1:38AM

Report an Issue

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 Emmanuel Faure

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Medical office space is offered in two suites measuring 3,785 SF and 4,631 SF. They can remain separate or be combined into an 8,416 SF space. An exclusive entrance and elevator serve the premises, supporting distinct access to the suites.

The property is on Northern Blvd in Flushing, within a commercial corridor described as having substantial pedestrian and vehicle activity. Residential density and established businesses form part of the surrounding context. Transit access and major roadways are also noted nearby.

Key Highlights

• Two available suites: 3,785 SF and 4,631 SF
• Suites can be combined into one 8,416 SF space
• Exclusive entrance and elevator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$149,342

Cap Rate

3.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,986,840 $3.0M

Cap Rate 7%

$2,133,457 $2.1M

Cap Rate 9%

$1,659,356 $1.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,536 SF

Gross rent

$228.6K $50.40/SF

− Vacancy

−$29.5K −$6.50/SF

EGI

$199.1K $43.90/SF

− OpEx

−$49.8K −$10.97/SF

NOI

$149.3K $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%

$2,986,840

Cap Rate 7%

$2,133,457

Cap Rate 9%

$1,659,356

Alternative Uses

Best Use

Office B

$2.13M

$1.87M – $2.49M (±1% cap)

NOI $149,342 @ 7.0% cap · market cap 3.64%

Second Best

Healthcare Medical

$1.49M

$1.31M – $1.74M (±1% cap)

NOI $104,591 @ 7.0% cap · market cap 2.55%

Theoretical Best

Office A

$3.34M

$2.93M – $3.90M (±1% cap)

NOI $234,079 @ 7.0% cap · market cap 5.71%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

$852 Jul

$820 Aug

$953 Sep

$878 Oct

Properties on Market for Medical Office Space in Flushing

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Similar For Sale Nearby

See more

Flexible Mixed-Use Community Facility

132-35 41 Road Unit: 1A+1B+1C, Flushing, NY 11354

$4,298,000

4,538 SF

View details

Medical Office Condo

42-35 Main Street Cf- 2h, Flushing, NY 11355

$3,900,000

5,656 SF

View details

Medical Office Condo

42-35 Main Street #CF- 2H, Flushing, NY 11355

$3,900,000

5,656 SF

View details

Mixed-Use Property with Office

199-04 47 Avenue, Flushing, NY 11358

$2,298,000

4,378 SF

View details

Mixed-Use Property with Tax Abatement

134-11 Franklin Avenue #CF2, Flushing, NY 11355

$2,720,000

2,990 SF

View details

Mixed-Use Community Facility Unit

38-20 Parsons Boulevard Unit: CF19, Flushing, NY 11354

$1,799,700

View details

Mixed-Use Building with Medical Offices

132-36 41st Avenue, Flushing, NY 11355

$6,680,000

9,479 SF

View details

Open-Plan Medical Office Space

132-03 Sanford Avenue 1a, Flushing, NY 11355

$2,290,000

2,231 SF

View details

Corner Office Condo

38-08 Union Street, Flushing, NY 11354

$2,380,000

View details

Mixed-Use Condo Building with Elevator

13225 41st Avenue, Flushing, NY 11355

$7,490,000

0.06 Acres

View details

Medical Center with Private Parking

26-19 Francis Lewis Boulevard, Flushing, NY 11358

$8,800,000

0.25 Acres

View details

Leased Office Condominium

131-07 40th Road #E09, Flushing, NY 11354

$1,760,000

1,833 SF

View details

Similar Off Market Nearby

• Petco Vaccination Clinic — 13311 20th Ave, College Point, NY 11356
• Andrew Kaye DVM — queens, ny 11356
• 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 for a larger medical, educational, or community facility configuration.

Where is this medical office space located?

The property is located at 35-30 146th Street Cf 2 Flushing, NY.

What is the asking price?

The asking price for this property is $4,100,000.

What are key features of this property?

This property features: Two available suites: 3,785 SF and 4,631 SF; Suites can be combined into one 8,416 SF space; Exclusive entrance and elevator