Building Details

Building materials Brick

Listing Agency: New Group Realty Inc z***@gmail.com Show Phone

Listed By: Yinzhu Jin · License #10301215494 Show Phone

Added: Jul 1 Changed: Oct 5 Last Checked: Oct 16 at 7:06AM

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MLS# 1020826

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Investment Insights

Based on property information with market context.

These office units are housed in a brick construction and feature electric heating and electric cooling. Public water and public sewer service support the property. The premises are located at 45-19 162 St in Flushing, Queens, New York 11358.

Key Highlights

• Office units in a brick building
• Electric heating system
• Electric cooling system

Property Analytics

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Current Use

Eye & Glasses Optical Physician Encore Optical Supply ... Ophthalmologist New York Korean ... Music Venue Sun Beauty Hair Salon OHA HAIR SALON Hair Salon

Suggested Use

Top Pick Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Furniture & Home Goods Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

401

Businesses Nearby

Explore this area Business Placement

Demographics for 11358, NY

40,435

Population

13,806

Households

2.9

Avg Household Size

43

Median Age

37%

College-Educated

84%

High-School Grad

2.0 sq mi

ZIP Area

20,218

Density / Sq Mi

$88,729

Median Household Income

$46,875

Median Earnings

$2,086

Median Rent

$967,200

Median Home Value

Market

Lease Benchmarks for Flushing, NY

$54.24 /SF/Yr

Avg Asking Price

$7.61–$327 /SF/Yr

Price Range

2,695 SF

Avg Space Size

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

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Frequently Asked Questions

What type of property is this?

Office units - Office space with electric heating and cooling, supported by public water and sewer service.

Where is this office units located?

The property is located at 45-19 162 St Flushing, NY.

What is the lease rate?

The lease rate is $1,500/Mo.

What are key features of this property?

This property features: Office units in a brick building; Electric heating system; Electric cooling system