Property profile

14024 31St Dr CF Queens, NY 11354

FOR SALE
Medical Office Space
Property ID
US63-Q021191
Built 2005
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Property summary

AI-generated overview

Rare opportunity to own a 959 sqft Community Facility (CF) unit in a prime Flushing location. Located on the 1st floor (Ground Floor/Front) with high visibility and easy accessibility, this unit is perfectly suited for professional offices or medical practices. Currently occupied by a reliable tenant paying $2,100/month, offering an immediate rental income for investors. Features low property taxes and a well-maintained building (built in 2005). Extremely convenient location close to public transportation, shops, and schools. Note: Parking space is available for separate purchase. bikeScore: 64, Bikeable walkScore: 96, Walker's Paradise transitScore: 100, Rider's Paradise

Property profile

Verified
Property type Medical Office Space
Year built 2005
UPID US63-Q021191

Cap rate & NOI

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

Location

14024 31St Dr, Unit CF Queens, NY 11354
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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