30-16 30Th Dr Queens, NY 11102
This exceptional Class A, seven-story medical office building, totaling 15,600 square feet, is situated in the vibrant Astoria neighborhood of Queens, New York. Located at 30-16 30th Drive, 11102, this multi-tenant property boasts 100% occupancy across 14 units, offering a compelling investment opportunity. The building features modern, clean units with spacious exam rooms, administrative areas, and consultation spaces. Current tenants represent a diverse range of medical specialties, including internal medicine, plastic surgery, dermatology, ENT, general and bariatric surgery, oncology, and podiatry. The asking price is $11,200,000, representing a compelling cap rate of 3.89% and a price per square foot of $821. Recent lease enhancements have significantly improved building financials, including a new five-year lease on a 1,500 square foot space at $44 per square foot with annual 3% increases, and two 1,500 square foot office leases with rent increases from $5,200 to $6,500 per month. The property sits on a 3,049 square foot lot and is conveniently located a short walk from Mount Sinai Hospital Queens. Complete financial statements are available upon request. This is a rare opportunity to acquire a fully occupied, high-performing medical office building in a prime location with strong tenant stability. The building is offered as a NNN lease.
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Patty Yu, DO Physician
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Nicholas Thomas Skipitaris, MD Physician
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Applied Health Chiropractic Alternative Medicine Practice
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Christos Iakovou, MD Physician
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American Foot Care Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.