Mixed-Use Property with Medical
For Sale
$1,499,000
4014 Greenpoint Avenue, Sunnyside, NY 11104
A second-floor three-bedroom apartment sits above a medical practice with exam rooms and included equipment.
Property Size1,360 SF
Price / SF$1,102
Days on Market11
Property Features for 4014 Greenpoint Avenue
General Information
Standard status
Active
Size
1,360 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$9,297
Amenities
No
Yes
High Ceilings,High Speed Internet,Other
Public
1360
Building Details
Building Size
1,360 SF
Year Built
1940
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 28 at 3:46PM
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 Geralda Desir
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1940-built mixed-use property combines a doctor's office with a three-bedroom apartment on the second floor. The medical space has multiple exam rooms and an office, with medical equipment included in the sale. A finished basement adds another area within the building.
Key Highlights
- Medical office includes equipment in the sale
- Multiple exam rooms and an office in the medical space
- Three‑bedroom apartment on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,776
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,520
$895.5K
Cap Rate 7%
$639,657
$639.7K
Cap Rate 9%
$497,511
$497.5K
Market Conditions
NOI Build-Up for 1,360 SF
Gross rent
$68.5K $50.40/SF
− Vacancy
−$8.8K −$6.50/SF
EGI
$59.7K $43.90/SF
− OpEx
−$14.9K −$10.97/SF
NOI
$44.8K $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%
$895,520
Cap Rate 7%
$639,657
Cap Rate 9%
$497,511
Alternative Uses
Best Use
Office B
$639.7K
$559.7K – $746.3K
NOI $44,776 @ 7.0% cap · market cap 2.99%
Second Best
Healthcare Medical
$448.0K
$392.0K – $522.7K
NOI $31,359 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$1.00M
$877.3K – $1.17M
NOI $70,183 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,785
Businesses Nearby
Explore this area
Business Placement
Demographics for 11104, NY
27,407
Population
13,224
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
68,518
Density / Sq Mi
$84,716
Median Household Income
$60,346
Median Earnings
$1,924
Median Rent
$665,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A second-floor three-bedroom apartment sits above a medical practice with exam rooms and included equipment.
Where is this mixed-use property located?
The property is located at 4014 Greenpoint Avenue Sunnyside, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Medical office includes equipment in the sale; Multiple exam rooms and an office in the medical space; Three‑bedroom apartment on the second floor
