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Second-Floor Office Units
For Lease
$3,750/Mo

40-32 149th Place, Flushing, NY 11354

Commercial Lease, Flushing, NY

Space Size1,160 SF
Days on Market13

Property Features for 40-32 149th Place

General Information

Property type Commercial Lease
Property subtype Other
Zoning R5
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
APN 05029-00002

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18953

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Multi Units
Water source Public

Building Details

Year built 1931
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Xiuzhu Zhang
Added: Aug 8 Changed: Aug 20 Last Checked: Aug 20 at 6:06AM
MLS# 1036551

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.

Investment Insights

Based on property information with market context.

This second-floor office property provides approximately 1,160 SF arranged across five rooms and one living or common area. The 1931 building has brick construction, electric heating, multi-unit cooling, and access to public water and public sewer. The R5 zoning designation is part of the property profile, with tenants responsible for confirming permitted uses and securing any required approvals.

The property is near Main Street, public transportation, bus service, and the access point for the Murray Hill LIRR station. It is also surrounded by commercial activity and steady foot traffic. The existing multi-room layout offers a defined physical arrangement for office operations and other uses subject to zoning and approval requirements.

Key Highlights

  • Approximately 1,160 SF of second‑floor commercial space
  • Five rooms plus 1 living/common area
  • R5 zoning; tenant to verify permitted uses and approvals

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Acupuncture Furniture & Home Goods

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

NNN (Triple Net)
Lease Type
$5.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby

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

Lease Benchmarks for Flushing, NY

$56.52 /SF/Yr
Avg Asking Price
$7.61–$327 /SF/Yr
Price Range
2,532 SF
Avg Space Size

This space is priced 31% below the average of $56.52 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Commercial space with multiple rooms and a shared area in a transit-connected Flushing setting.
Where is this office units located?
The property is located at 40-32 149th Place Flushing, NY.
What is the lease rate?
The lease rate is $3,750/Mo.
What are key features of this property?
This property features: Approximately 1,160 SF of second‑floor commercial space; Five rooms plus 1 living/common area; R5 zoning; tenant to verify permitted uses and approvals
More about this property
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