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Second-Floor Office Suite Package
For Sale
$2,850,000

43-20 52nd Street Unit RS, Woodside, NY 11377

Three newly built second-floor office/community units with private ADA bathrooms, separate meters, and independent HVAC.

Property Size3,855 SF
Price / SF$548.39
Days on Market281

Property Features for 43-20 52nd Street Unit RS

General Information

Standard status Active
Size 3,855 SF
Property subtype Retail

Additional Details

Sprinkler System Yes
Office Units 3

Taxes and HOA fees

Annual Taxes $11,571

Building Details

Building Size 3,855 SF
Year Built 2021
Stories 2
Listing Agency: B Square Realty
Listed By: Li Li
Source: Serhant
Added: Jan 12 Changed: Oct 16 Last Checked: Oct 19 at 5:42PM

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 B Square Realty

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Investment Insights

Based on property information with market context.

This offering presents three brand-new, second-floor office/community facilities in a newly constructed mixed-use building. The package includes Unit 1A (1,700 SF), Unit 1B (1,175 SF), and Unit 1C (2,322 SF). Each unit includes a private, ADA-compliant bathroom, separate utility meters, independent HVAC, and full sprinkler coverage. The layouts are designed to support professional uses that benefit from dedicated amenities and controlled mechanical systems.

The property is located at 43-20 52nd Street Unit #CF in Woodside, NY 11377. It is described as being just half a block from the 52nd Street #7 train station, with nearby bus routes including Q60, Q32, and Q104. The surrounding area includes new residential developments, hotels, and a dense population base, supporting day-to-day patron and employee access.

These spaces can fit owner-users and operators seeking modern, self-contained floor plans for medical office uses, urgent care, schools, or professional services. The option to purchase the full package or individual units, along with the building’s tenant convenience features such as separate utilities and independent HVAC, can support a range of occupancy and operating strategies for healthcare, education, and community-focused providers.

Key Highlights

  • Newly built 2021 mixed‑use building with three second‑floor office/community units totaling 5,197 SF
  • Unit sizes: 1A 1,700 SF, 1B 1,175 SF, and 1C 2,322 SF
  • Each unit has a private ADA‑compliant bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$171,105
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,422,100 $3.4M
Cap Rate 7%
$2,444,357 $2.4M
Cap Rate 9%
$1,901,167 $1.9M
Market Conditions
NOI Build-Up for 5,197 SF
Gross rent
$261.9K $50.40/SF
− Vacancy
−$33.8K −$6.50/SF
EGI
$228.1K $43.90/SF
− OpEx
−$57.0K −$10.97/SF
NOI
$171.1K $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%
$3,422,100
Cap Rate 7%
$2,444,357
Cap Rate 9%
$1,901,167

Alternative Uses

Best Use
Office B
$2.44M
$2.14M – $2.85M (±1% cap)
NOI $171,105 @ 7.0% cap · market cap 6.00%
Second Best
Healthcare Medical
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,832 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$3.83M
$3.35M – $4.47M (±1% cap)
NOI $268,190 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Fajardo Accounting Accounting Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Daycare Center Hotel & Motel Garden Center

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

3
Office units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

4,276
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
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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three newly built second-floor office/community units with private ADA bathrooms, separate meters, and independent HVAC.
Where is this office unit located?
The property is located at 43-20 52nd Street Unit RS Woodside, NY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Newly built 2021 mixed‑use building with three second‑floor office/community units totaling 5,197 SF; Unit sizes: 1A 1,700 SF, 1B 1,175 SF, and 1C 2,322 SF; Each unit has a private ADA‑compliant bathroom
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