Property profile

98-120 Queens Blvd Queens, NY 11374

FOR SALE
Medical Office Space
Property ID
US63-Q001396
877 SF Built 1939
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Property summary

AI-generated overview

Sprawling TURN-KEY office suite with 6 separate meeting/patient rooms, large updated bathroom. Located on the first floor of a lovely renovated Co-op building with direct access to Queens Blvd. Centrally located in Rego Park, neighboring Forrest Hills and Flushing for maximum foot traffic and client convenience. Could be great for Medical/Dental/Therapists office or small business with possibility of growth (please ask about the other 3 units for sale on the same floor, a package deal is doable!) Currently built out as office space, could be converted back to residential use. Heat and hot water are included. Low monthlies! Short term assessment ending in December 2025 ($283.26). This location is PRIME and offers bus stop on the block, Mount Sinai building across the street, 24 hour CVS on the corner, and a plethora of new development condo buildings within a few blocks radius, as well as convenient delis and shops all around it. Only 1/2 block to the M/R train @ 67th Ave!

Property profile

Verified
Property type Medical Office Space
Year built 1939
Total area 877 SF
UPID US63-Q001396

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office

Location

98-120 Queens Blvd Queens, NY 11374
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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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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