136-16 35Th Ave Queens, NY 11354
This exceptional 4,584-square-foot medical office building, constructed in 2007, presents a remarkable investment opportunity in the heart of Flushing, Queens, NY. Located at 136-16 35th Ave, 11354, this three-unit property boasts a prime location surrounded by residential apartments, ensuring high foot traffic and visibility. The building features a built-in HVAC system and four restrooms, enhancing its functionality and appeal. Each unit benefits from separate gas and electric meters, as well as individual boilers, providing efficient utility management. The asking price is $1,750,000. This property is ideally suited for various uses, including medical offices, schools, daycare centers, or churches. Its strategic location offers easy access to public transportation, including multiple bus lines, the #7 subway train, and the Long Island Rail Road (LIRR). Furthermore, the property enjoys proximity to a wealth of amenities, including banks, restaurants, stores, shops, and supermarkets, all within walking distance. This presents a compelling opportunity for both investors seeking a strong return and owner-occupiers looking for a well-equipped and conveniently located space.
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.