Property profile

133-20 41St St Queens, NY 11355

OFF-MARKET
Office Spaces
1,482 SF Built 2022
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Property summary

AI-generated overview

Alliance Tower offers exceptional medical office suites for sale in the thriving heart of Flushing, Queens. This brand-new, eight-story Class A building boasts units ranging from 1,482 to 1,738 square feet, perfectly sized for a variety of medical practices. Built in 2022, the building features a luxurious lobby with elevator access, ensuring both convenience and a professional image. Each unit benefits from high ceilings, abundant natural light, and a modern HVAC system, creating a comfortable and efficient workspace. ADA-compliant bathrooms are included for accessibility. The building sits on a 5,000 square foot lot, providing ample space and visibility. A significant advantage is the inclusion of a 15-year ICAP tax abatement, offering substantial long-term cost savings. Its prime location in Flushing ensures easy accessibility and high visibility, making it an ideal location to establish or expand a medical practice. The building's modern design and amenities, combined with the financial benefits of the tax abatement, present a compelling investment opportunity in a dynamic and growing market. This is a rare chance to secure a premium medical office space in a highly desirable location.

Property profile

Verified
Property type Office Spaces
Year built 2022
Total area 1,482 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

133-20 41St St Queens, NY 11355
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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