Multi-Room Office
92-29 Queens Boulevard #CA Rego Park, NY 11374
92-29 Queens Boulevard #CA, Rego Park, NY, 11374
$450,000
For Sale
$450,000
Approximately 1,000 sq. ft. multi-room office suite suited for medical or administrative use.
Property Size1,000 SF
Price / SF$450
Days on Market73
Property Features for 92-29 Queens Boulevard #CA
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing agency
E Z Sell Realty
(718) 396-6666
Listed by
Igor Rafailov · License #31RA1009124
Source
Cohenandcohenrealty
Added: May 11 Updated: Jul 21 at 4:29PM Checked: Jul 21 at 4:29PM
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
Investment Insights
Based on property information with market context.
This for-sale office suite features multi-room layout totaling approximately 1,000 sq. ft. The space is described as suitable for medical and administrative uses, including professional services such as CPA, management office, law office, and insurance-related operations.
The property is located on Queens Boulevard in Rego Park and is described as being near public transportation and major highways. Public remarks note it is one block from the M & R Train and about a five-minute walk to Queens Center Mall.
As presented, the suite offers a flexible configuration for a range of professional tenants seeking an office environment.
The property is located on Queens Boulevard in Rego Park and is described as being near public transportation and major highways. Public remarks note it is one block from the M & R Train and about a five-minute walk to Queens Center Mall.
As presented, the suite offers a flexible configuration for a range of professional tenants seeking an office environment.
Key Highlights
- ~1,000 sq. ft. multi‑room office suite
- Suitable for medical or administrative uses (e.g., CPA, management office, law office, insurance)
- Year built: 1987
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 | $50.4k | $50.40 |
| − Vacancy | −$6.5k | −$6.50 |
| EGI | $43.9k | $43.90 |
| − OpEx | −$11.0k | −$10.97 |
| NOI | $32.9k | $32.92 |
1,000 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$470.3K
$411.6K – $548.7K
NOI $32,924 @ 7.0% cap · market cap 7.32%
Second Best
Healthcare Medical
$329.4K
$288.2K – $384.3K
NOI $23,058 @ 7.0% cap · market cap 5.12%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Innovative Urology Practice ...
Physician
Victoria Bellot, MD
Physician
Madinails NYC
Hair Salon
Queens Medical Weight ...
Weight Loss Service
Dieta place
Physician
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FAQs
What type of property is this?
Office units - Approximately 1,000 sq. ft. multi-room office suite suited for medical or administrative use.
Where is this office units located?
The property is located at 92-29 Queens Boulevard #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: ~1,000 sq. ft. multi‑room office suite; Suitable for medical or administrative uses (e.g., CPA, management office, law office, insurance); Year built: 1987
