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Property profile

136-16 35Th Ave Queens, NY 11354

OFF-MARKET
Office Spaces
4,584 SF Built 2007
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2007
Total area 4,584 SF

Cap rate & NOI

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

Location

136-16 35Th Ave Queens, NY 11354
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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