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Property profile & analytics

70-50 153 St Queens, NY 11367

  • Office Properties & Spaces
  • 4,655 SF
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 70-50 153 St

Property size
4,655 SF
Property type
Office Properties & Spaces
Property subtype
Medical offices

Description

This exceptional 4,655 square foot Class C medical office building in Queens, NY, is offered at $1,658,000. Currently 100% occupied with a multi-tenant lease structure, this property boasts a net lease type and presents a strong investment opportunity. The building, completely rebuilt in 1986, features two separate medical office spaces, each with its own entrance and utilities. Recent upgrades include new cement work on sidewalks and driveway, a garage, and a 10-year-old roof. The interior showcases newly sanded hardwood floors throughout, bright rooms, and ample closet space. A full basement includes a coin-operated laundry, walkout egress, storage area, and a bonus room. Located at 70-50 153rd St, Queens, NY 11367, this property is zoned for medical use and offers a unique blend of residential and commercial potential. The price per square foot is $356.18. This turnkey operation is ideal for an investor seeking a stable, high-occupancy asset in a desirable location. The property's strong construction and recent updates ensure long-term value and minimal maintenance needs. This is a rare opportunity to acquire a fully operational medical office building with significant upside potential.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.8162
Latitude
40.7305
More about this property
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