133-20 41St St, Queens, NY 11355
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.
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
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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.