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    37-35 81 St Queens, NY 11372

    Sponsored
    For Sale
    $62,000

    Profitable dental office, prime Jackson Heights location.

    Property size:
    500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-established dental practice, operating successfully since 1984, presents a unique investment opportunity in the thriving Jackson Heights neighborhood of Queens, NY. Located at 37-35 81st St, #1g, this 500-square-foot Class B medical office boasts a loyal patient base of thousands, built over nearly four decades. Currently operating three to four days a week, the practice maintains approximately 350 active patient charts, offering significant potential for growth by expanding operating hours and re-engaging past clients via the existing database. The office features a waiting room/reception area, two fully equipped operating rooms including a digital X-ray machine, and a half bathroom. A gross lease is in place, expiring in 2029, with a 3% annual escalation clause. The current monthly rent is $2,597. The experienced and bilingual (English-Spanish) dental assistant, proficient in insurance billing, is willing to remain with the practice, ensuring a smooth transition for the new owner. The current owner is available to provide training and introductions to existing clients. This turnkey operation offers immediate income potential and significant upside for a motivated dentist. The location is highly desirable, situated two blocks from the 7 train and one block from the bustling business district of 82nd Street. The asking price for this exceptional opportunity is $62,000.

    Property Features for 37-35 81 St

    General Information

    Property type
    Medical offices
    Square Feet
    500 SF
    Class
    B
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.885366662298
    Latitude
    40.750362077449

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    FAQs

    What type of property is this?
    Medical office - Profitable dental office, prime Jackson Heights location.
    Where is this medical office located?
    The property is located at 37-35 81 St Queens, NY.
    What is the asking price?
    The asking price for this property is $62,000.
    Request Owner's contact information
    37-35 81 St Queens, NY 11372
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    Queens, NY 11372
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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
    37-35 81 St Queens, NY 11372
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