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Newly Built Office Units
For Sale
$2,990,000

43-20 52nd Street, Woodside, NY 11377

Commercial Sale, Woodside, NY

Property Size5,197 SF
Price / SF$575.33
Days on Market289

Property Features for 43-20 52nd Street

General Information

Property type Commercial Sale
Property subtype Office
Directions Google Maps
Standard status Active
APN 01320-1102

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15482

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

private ADA-compliant bathrooms
separate utility meters
independent HVAC systems

Building Details

Year built 2021
Listing Agency: B Square Realty
Listed By: Li Li
Added: Jan 12 Changed: Oct 5 Last Checked: Oct 28 at 2:06PM
MLS# 950860

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2021 mixed-use building includes three second-floor office units offered as a package or individually. Unit 1A contains 1,700 SF, Unit 1B contains 1,175 SF, and Unit 1C contains 2,322 SF, for a combined 5,197 SF. Each unit has its own ADA-compliant bathroom, utility meter, and HVAC system, along with full sprinkler coverage. Central air, forced-air and electric heating, public water, and public sewer support the property’s building systems.

The property is located at 43-20 52nd Street in Woodside, NY, approximately half a block from the 52nd Street #7 train station. Bus service includes the Q60, Q32, and Q104 routes, with access toward Midtown Manhattan via the Queensboro Bridge and Midtown Tunnel. The surrounding area includes new residential development, hotels, and a dense population base.

Key Highlights

  • Three second‑floor office units totaling 5,197 SF
  • Unit sizes: 1,700 SF, 1,175 SF, and 2,322 SF
  • Private ADA‑compliant bathroom in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$171,105
Cap Rate
5.72%
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 5.72%
Second Best
Healthcare Medical
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,832 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$3.83M
$3.35M – $4.47M (±1% cap)
NOI $268,190 @ 7.0% cap · market cap 8.97%
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

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 second-floor office units offer independent HVAC, private ADA-compliant bathrooms, and separate utility metering.
Where is this office unit located?
The property is located at 43-20 52nd Street Woodside, NY.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Three second‑floor office units totaling 5,197 SF; Unit sizes: 1,700 SF, 1,175 SF, and 2,322 SF; Private ADA‑compliant bathroom in each unit
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