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Private Office Unit
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58st 43 Ave, Woodside, NY 11377

Utilities are included, and the space is intended for business use without walk-in customer traffic.

Property Size500 SF
Price / SF$3
Days on Market80

Property Features for 58st 43 Ave

General Information

Standard status Active
Size 500 SF

Additional Details

Public Transit Yes
Property Use Office
Listing Agency: Gosen properties
Listed By: Emmanuel Victor
Source: Gosenproperties
Added: Aug 11 Changed: Oct 28 Last Checked: Oct 28 at 3:06PM

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 Gosen properties

Rey
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Investment Insights

Based on property information with market context.

This Woodside office unit is suited to private business use, including satellite or administrative work. Utilities are included, and the space is described as having no walk-in customer traffic.

The property is minutes from the 61st Street–Woodside station, with access to the express 7 train and LIRR. Restaurants, shops, and banks are nearby.

Key Highlights

  • Utilities included
  • Private office use, including satellite or administrative workspace
  • No walk‑in customer traffic

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,462
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,240 $329.2K
Cap Rate 7%
$235,171 $235.2K
Cap Rate 9%
$182,911 $182.9K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$25.2K $50.40/SF
− Vacancy
−$3.3K −$6.50/SF
EGI
$21.9K $43.90/SF
− OpEx
−$5.5K −$10.97/SF
NOI
$16.5K $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%
$329,240
Cap Rate 7%
$235,171
Cap Rate 9%
$182,911

Alternative Uses

Best Use
Office B
$235.2K
$205.8K – $274.4K (±1% cap)
NOI $16,462 @ 7.0% cap · market cap 1,097.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.6K
$322.5K – $430.0K (±1% cap)
NOI $25,802 @ 7.0% cap · market cap 1,720.13%
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

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Hotel & Motel Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,722
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 - Utilities are included, and the space is intended for business use without walk-in customer traffic.
Where is this office unit located?
The property is located at 58st 43 Ave Woodside, NY.
What are key features of this property?
This property features: Utilities included; Private office use, including satellite or administrative workspace; No walk‑in customer traffic
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