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Mixed-Use Property with Medical Office
New
For Sale
$2,020,000

39-31 54th St, Queens, NY 11377

Brick, multi-level property combines residential layouts with an approved basement medical office and separate entrance.

Property Size1,320 SF
Lot Size0.06 Acres
Days on Market2

Property Features for 39-31 54th St

General Information

Standard status Active
Size 1,320 SF
Lot size 0.06 Acres
Property subtype Commercial

Additional Details

Floor Basement
Public Transit Yes
Office Units 1

Taxes and HOA fees

Annual Taxes $14,068

Building Details

Building Size 1,320 SF
Year Built 1970
Buildings 1
Stories 3
Construction brick
Tenancy Single
Listing Agency: E REALTY INTERNATIONAL CORP.
Listed By: David H. Cui
Source: Elliman
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 6:16AM

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 E REALTY INTERNATIONAL CORP.

Investment Insights

Based on property information with market context.

This all-brick mixed-use property occupies a 24 x 100 lot and includes approximately 21 x 55 building dimensions across three above-ground levels. The first floor has two bedrooms, one full bathroom, and garage access. The second floor provides three bedrooms, two full bathrooms, and a private balcony, while the third floor contains two separate one-bathroom units. A full basement is legally approved for medical or doctor’s office use and has its own entrance. The property also includes five electric meters, two gas meters, a private driveway, and a garage.

The address is approximately five minutes from the #7 subway and LIRR, with restaurants, supermarkets, shops, and schools nearby. Reported mobility measures include a bikeScore of 84, a walkScore of 79, and a transitScore of 100. Built in 1970, the property supports a combination of residential occupancy and professional office use within one building.

Key Highlights

  • Full basement legally approved for medical/doctor’s office use with a separate entrance
  • Three above‑ground levels with multiple residential unit layouts
  • 24 x 100 lot with approximately 21 x 55 building dimensions

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hotel & Motel Nursing Home

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

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,752
Businesses Nearby

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick, multi-level property combines residential layouts with an approved basement medical office and separate entrance.
Where is this mixed-use property located?
The property is located at 39-31 54th St Queens, NY.
What is the asking price?
The asking price for this property is $2,020,000.
What are key features of this property?
This property features: Full basement legally approved for medical/doctor’s office use with a separate entrance; Three above‑ground levels with multiple residential unit layouts; 24 x 100 lot with approximately 21 x 55 building dimensions
More about this property
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