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    FOR SALE
    Medical Office Space

    110-20 71St Rd, Forest Hills, NY 11375

    1,026 SF Built 1956
    Property ID
    US63-5388196
    Property summary
    AI-generated overview

    This 1,026-square-foot Class A medical office suite is located at 110-20 71st Road in Flushing, Queens County, NY 11375. Situated in a 10-story, post-war concrete co-op building, this vacant unit offers three to four treatment rooms or office spaces, a reception area, waiting room, and restroom. Two rooms benefit from street-facing exposure. The building features a 24/7 doorman and low maintenance fees inclusive of heat, water, and taxes. The property's central location provides easy access to the Austin Street shopping district, pharmacies, coffee shops, subway, LIRR, and numerous buses. While parking is available via street meters and alternate-side parking (with a building waitlist), the convenient public transportation options offer excellent accessibility for both staff and patients. Note that co-op board approval is required. The asking price is $299,000, translating to $291.42 per square foot. Built in 1956, this single-unit property offers soundproofing from upper floors.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1956
    Total area 1,026 SF
    UPID US63-5388196
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Boris A Konnikow Physician
    • Barclay Plaza Apartments Inc Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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