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    133-20 41St St Queens, NY 11355

    For Sale
    Contact for pricing

    Class A, New Construction, ICAP Abatement

    Property size:
    1,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Alliance Tower offers exceptional medical office suites for sale in the thriving heart of Flushing, Queens. This brand-new, eight-story Class A building boasts units ranging from 1,482 to 1,738 square feet, perfectly sized for a variety of medical practices. Built in 2022, the building features a luxurious lobby with elevator access, ensuring both convenience and a professional image. Each unit benefits from high ceilings, abundant natural light, and a modern HVAC system, creating a comfortable and efficient workspace. ADA-compliant bathrooms are included for accessibility. The building sits on a 5,000 square foot lot, providing ample space and visibility. A significant advantage is the inclusion of a 15-year ICAP tax abatement, offering substantial long-term cost savings. Its prime location in Flushing ensures easy accessibility and high visibility, making it an ideal location to establish or expand a medical practice. The building's modern design and amenities, combined with the financial benefits of the tax abatement, present a compelling investment opportunity in a dynamic and growing market. This is a rare chance to secure a premium medical office space in a highly desirable location.

    Property Features for 133-20 41St St

    General Information

    Property type
    Medical offices
    Square Feet
    1,482 SF
    Class
    A

    Building Details

    Year Built
    2022
    Stories
    8

    HighLights

    • Prime location with excellent accessibility and high visibility.
    • 15‑year ICAP tax abatement in place.
    • Luxurious lobby with elevator access.
    • High ceilings and abundant natural light.
    • HVAC system installed.
    • High ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8305777
    Latitude
    40.7566431

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    FAQs

    What type of property is this?
    Medical office - Class A, New Construction, ICAP Abatement
    Where is this medical office located?
    The property is located at 133-20 41St St Queens, NY.
    What are key features of this property?
    This property features: Prime location with excellent accessibility and high visibility.; 15-year ICAP tax abatement in place.; Luxurious lobby with elevator access.
    Request Owner's contact information
    133-20 41St St Queens, NY 11355
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    Queens, NY 11355
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    133-20 41St St Queens, NY 11355
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