Medical Center For
For Sale
$1,897,000
4010 Forley Street, Elmhurst, NY 11373
Healthcare property for sale at 4010 Forley Street in Elmhurst, Queens.
Property Size3,060 SF
Days on Market97
Property Features for 4010 Forley Street
General Information
Standard status
Active
Size
3,060 SF
Total Parking Spaces
2
Net Operating Income
$97,128
Taxes and HOA fees
Annual Taxes
$38,172
Amenities
Central Air
Natural Gas
Off Street
Building Details
Building Size
3,060 SF
Year Built
1955
Buildings
1
Listing Agency:
NY SUPERIOR REALTY
Listed By:
Nora E. Avalos
(718) 205-7770
Source:
Evrealestate
Added: Jul 14
Changed: Oct 5
Last Checked: Oct 16 at 8:11AM
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 NY SUPERIOR REALTY
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Investment Insights
Based on property information with market context.
This healthcare property is offered for sale as a medical center serving medical use. The address is 4010 Forley Street in Elmhurst, New York, within Queens County.
Directions are given from Britton Avenue to Forley Street. The property is being marketed as a medical/healthcare real estate asset under the current for-sale transaction.
For additional details on configuration, condition, and any improvements, please contact the listing broker.
Directions are given from Britton Avenue to Forley Street. The property is being marketed as a medical/healthcare real estate asset under the current for-sale transaction.
For additional details on configuration, condition, and any improvements, please contact the listing broker.
Key Highlights
- Healthcare property for sale at 4010 Forley Street in Elmhurst, Queens
- Year built: 1955
- Central Air cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,557
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,411,140
$1.4M
Cap Rate 7%
$1,007,957
$1.0M
Cap Rate 9%
$783,967
$784.0K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$128.5K $42.00/SF
− Vacancy
−$10.9K −$3.57/SF
EGI
$117.6K $38.43/SF
− OpEx
−$47.0K −$15.37/SF
NOI
$70.6K $23.06/SF
Area
Queens County, NY
Vacancy
8.50%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,411,140
Cap Rate 7%
$1,007,957
Cap Rate 9%
$783,967
Alternative Uses
Best Use
Healthcare Medical
$1.01M
$882.0K – $1.18M
NOI $70,557 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M
NOI $157,911 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
7,971
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Healthcare property for sale at 4010 Forley Street in Elmhurst, Queens.
Where is this medical center located?
The property is located at 4010 Forley Street Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,897,000.
What are key features of this property?
This property features: Healthcare property for sale at 4010 Forley Street in Elmhurst, Queens; Year built: 1955; Central Air cooling
