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Ground-Floor Medical Office Space
New
For Lease
$7,998/Mo

38-20 Parsons Boulevard, Flushing, NY 11354

Commercial Lease, Flushing, NY

Space SizeContact for details
Property Size33,000 SF
Days on Market1

Property Features for 38-20 Parsons Boulevard

General Information

Property type Commercial Lease
Property subtype Office
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
APN 05022-1609

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 964

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang
Added: Oct 19 Last Checked: Oct 19 at 9:06PM
MLS# 1064484

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Ground-floor medical office space spans approximately 33,000 square feet within a mixed-use building. The space can be divided into individual units or leased together, with ceiling heights ranging from 13 to 19 feet. The building is constructed of brick and has central air conditioning, electric heat, public water, and public sewer service. The property is approved for an ICAP 25-year tax abatement.

The Flushing address offers access to subway, LIRR, and bus service, along with major highways, shopping, and dining.

Key Highlights

  • Approximately 33,000 SF of ground‑floor medical office space
  • Units may be leased separately or combined
  • Ceiling heights range from 13' to 19'

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Garden Center Catering Service Veterinary Clinic Barber 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.

Lease Details

100%
Occupancy
NNN (Triple Net)
Lease Type
$0.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Flushing, NY

$42.35 /SF/Yr
Avg Asking Price
$18.62–$65.45 /SF/Yr
Price Range
2,444 SF
Avg Space Size

This space is priced 93% below the average of $42.35 /SF/Yr.

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 Off Market Nearby

  • Veterinary Care Group - Whitestone — 14938 14th Ave, Whitestone, NY 11357

Frequently Asked Questions

What type of property is this?
Medical Office Space - Approximately 33,000 square feet is available in separate units or as a combined space.
Where is this medical office space located?
The property is located at 38-20 Parsons Boulevard Flushing, NY.
What is the lease rate?
The lease rate is $7,998/Mo.
What are key features of this property?
This property features: Approximately 33,000 SF of ground‑floor medical office space; Units may be leased separately or combined; Ceiling heights range from 13' to 19'
More about this property
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