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    41-42 College Pt Blvd Queens, NY 11355

    For Sale
    $399,000

    Prime Flushing Office, 1,032 sq ft

    Property size:
    1,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,032 square foot executive office space is ideally located at 41-42 College Point Boulevard in Queens, New York, zip code 11355. Built in 2014, this Class B mixed-use property offers a versatile and professional environment, perfect for a variety of businesses. The space features convenient street-level independent access, one restroom, and access to an indoor parking garage within the building, which also includes an elevator. The property is zoned C2-3 and is currently listed at $399,000 with a 6.60% cap rate. Situated in the heart of Flushing, this location benefits from high traffic volume, surrounded by thriving commercial areas and numerous residential buildings. Its strategic location provides easy access to the 7 subway line and the Long Island Rail Road (LIRR), ensuring excellent accessibility for employees and clients. This single-unit office space presents a compelling opportunity for businesses seeking a vibrant and well-connected location to establish or expand their operations in a bustling Queens neighborhood. The property's modern construction and convenient amenities make it an attractive option for a range of professional uses, including accounting firms, educational institutions, and other similar businesses.

    Property Features for 41-42 College Pt Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,032 SF
    Class
    B

    Building Details

    Year Built
    2014
    Units
    1

    HighLights

    • 1,032 SF executive office space in Queens, NY (zip code 11355).
    • Class B, mixed‑use building (2014 construction) with street‑level access.
    • Includes one restroom and access to indoor parking & elevator.
    • C2‑3 zoning, listed at $399,000 with a 6.60% cap rate.
    • Excellent location in Flushing with high traffic, near 7 train & LIRR.
    Property Profile Location Intelligence

    Current Use by Public Records

    WanHao Doors Corp. Door Supplier

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.8335172
    Latitude
    40.7550382

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Flushing Office, 1,032 sq ft
    Where is this mixed-use property located?
    The property is located at 41-42 College Pt Blvd Queens, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 1,032 SF executive office space in Queens, NY (zip code 11355).; Class B, mixed-use building (2014 construction) with street-level access.; Includes one restroom and access to indoor parking & elevator.
    Request Owner's contact information
    41-42 College Pt Blvd 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
    41-42 College Pt Blvd Queens, NY 11355
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