Office Unit for
For Sale
$450,000
92-29 Queens Boulevard Unit CA, Rego Park, NY 11374
Office unit CU7 available for sale in Queens, positioned between major roadways for straightforward access.
Property Size1,000 SF
Days on Market163
Property Features for 92-29 Queens Boulevard Unit CA
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$7,912
Building Details
Building Size
1,000 SF
Year Built
1987
Listing Agency:
E Z Sell Realty
Listed By:
Igor Rafailov · License #31RA1009124
(718) 396-6666
Source:
Barbieliteam
Added: May 11
Changed: Oct 11
Last Checked: Oct 19 at 1:22PM
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 E Z Sell Realty
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Investment Insights
Based on property information with market context.
This offering is for office unit CU7 at 92-29 Queens Boulevard. It presents as a dedicated office suite within a commercial setting, suited to professional use where a private, self-contained work space is desired. The transaction is listed for sale.
The property is located in Queens County, NY, with directions indicating it sits between the Horace Harding Expressway and 62nd Avenue. The Queens Boulevard frontage provides direct connectivity to the surrounding roadway network.
For tenants or owner-operators, this type of space typically supports a range of office-based businesses that require a dedicated suite environment. The availability of a specific office unit can be useful for professionals planning for continuity of location while operating from a private interior space. As presented, prospective buyers should verify suite configuration and any building requirements as part of their due diligence, including access and occupancy terms applicable to CU7.
The property is located in Queens County, NY, with directions indicating it sits between the Horace Harding Expressway and 62nd Avenue. The Queens Boulevard frontage provides direct connectivity to the surrounding roadway network.
For tenants or owner-operators, this type of space typically supports a range of office-based businesses that require a dedicated suite environment. The availability of a specific office unit can be useful for professionals planning for continuity of location while operating from a private interior space. As presented, prospective buyers should verify suite configuration and any building requirements as part of their due diligence, including access and occupancy terms applicable to CU7.
Key Highlights
- Office unit CU7 available for sale in Queens (Queens County).
- Year built: 1986.
- Central air conditioning.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,924
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,480
$658.5K
Cap Rate 7%
$470,343
$470.3K
Cap Rate 9%
$365,822
$365.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$50.4K $50.40/SF
− Vacancy
−$6.5K −$6.50/SF
EGI
$43.9K $43.90/SF
− OpEx
−$11.0K −$10.97/SF
NOI
$32.9K $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%
$658,480
Cap Rate 7%
$470,343
Cap Rate 9%
$365,822
Alternative Uses
Best Use
Office B
$470.3K
$411.6K – $548.7K
NOI $32,924 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$737.2K
$645.1K – $860.1K
NOI $51,605 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,847
Businesses Nearby
Explore this area
Business Placement
Demographics for 11374, NY
47,129
Population
21,197
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
52,366
Density / Sq Mi
$86,333
Median Household Income
$58,309
Median Earnings
$1,957
Median Rent
$484,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit CU7 available for sale in Queens, positioned between major roadways for straightforward access.
Where is this office unit located?
The property is located at 92-29 Queens Boulevard Unit CA Rego Park, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Office unit CU7 available for sale in Queens (Queens County).; Year built: 1986.; Central air conditioning.
