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Jamaica Queens Medical Office Suite

8712 175th Street Queens, NY 11432

8712 175th Street, Queens, NY, 11432
$475,000
For Sale
$475,000

COMMERCIAL - Queens, NY

Property Size469 SF
Lot Size0.01 Acres
Price / SF$1,012
Days on Market89

Property Features for 8712 175th Street

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
R4-1
Standard status
Active
Size
469 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Annual Amount
4939

Building Details

Number of units
1
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Listing agency DiTommaso Real Estate
Listed by Ivana Minici
Added: Apr 24 Updated: Jun 1 at 4:37PM Checked: Jul 21 at 3:06PM
MLS# 500806

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the thriving commercial area of Jamaica, Queens, this versatile medical office suite offers a ground-level location in a bustling, accessible neighborhood. The property has a size of 469 square feet and a lot size of 0.0108 acres. The zoning is R4-1. Benefiting from strong foot traffic and close proximity to major transit, it is suitable for medical professionals or specialists seeking a strategic, high-visibility presence. This turnkey space is suited for doctors, specialists, or a medical group.

Key Highlights

  • Ground‑level medical office suite in a commercial area of Jamaica, Queens
  • Construction materials include brick
  • Flooring: tile

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.6k $50.40
− Vacancy −$3.0k −$6.50
EGI $20.6k $43.90
− OpEx −$5.1k −$10.97
NOI $15.4k $32.92
469 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$220.6K
$193.0K – $257.4K (±1% cap)
NOI $15,441 @ 7.0% cap · market cap 3.25%
Second Best
Healthcare Medical
$154.5K
$135.2K – $180.2K (±1% cap)
NOI $10,814 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$345.8K
$302.5K – $403.4K (±1% cap)
NOI $24,203 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Gym & Fitness Center Veterinary Clinic Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant Florist Tanning Salon Catering Service Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Queens Midway Animal Hospital — 7746 164th St, Queens, NY 11366

FAQs

What type of property is this?
Medical Office Space - Versatile medical office in a high-traffic, accessible Jamaica location.
Where is this medical office space located?
The property is located at 8712 175th Street Queens, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Ground‑level medical office suite in a commercial area of Jamaica, Queens; Construction materials include brick; Flooring: tile
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