Andrea Mahoney - Smitchger Realty Logo
$1,760,000
( $960.17Per Sq Foot )
 $9,448 est/mo Sourced by Back At You

131-07 40th Road E09,Flushing, NY 11354

Flushing, NY 11354

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Description

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E09 (Suite E15), Flushing. 1,833 rentable SF / 1,375 usable SF, 100% leased on a triple-net basis to an established healthcare-services tenant; tenant pays real estate taxes, insurance and operating expenses. Current annual NNN rent approx. $138,122, a 7.85% cap rate at the asking price. Lease runs through 10/31/2027 with a 6-month tenant option to 4/30/2028, offering in-place income today and flexibility for a future owner-user. Real estate tax abatement with approximately 4 years remaining (per owner). SkyView Center offers a 2,500-space, six-level parking garage, national retail anchors and the SkyView Wellness medical suites, minutes from the Flushing-Main St 7 train and LIRR. Also available as part of a 5-unit SkyView portfolio. Financial package available upon execution of a confidentiality agreement. Tenant occupied; 24-hour notice required for showings.

Details

MLS #1060434
Listing TypeFor Sale
StyleOffice
Building NameSkyView Center
Sub-TypeResale
StatusActive
Year2006
Days On Site18
Listing Provided ByYaos Realty LLC | Jianfeng Yao

Features

SQ Feet1,833
Acreage5.77

Interior

CoolingCentral Air
HeatingHot Air

Exterior

Construction MaterialsOther
Foundation DetailsOther

Utilities

UtilitiesElectricity Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value144561
Tax Annual Amount6760.72
Tax Lot1214

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11354
Listing VS Median (in 11354)
Price:
$1,760,000
low | high
Med:
$709,000
100% of Average
sqft:
1,833
low | high
Med:
797
100% of Average
$ / sqft:
$960
low | high
Med:
$894
56.867937350141% of Average
On site:
18
low | high
Med:
95.5
18.848167539267% of Average
Sourced by Back At You

Market Activity 11354

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Contact

Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyQueens
CityFlushing
Zip Code11354
Listing VS Median (in 11354)
Price:
$1,760,000
low | high
Med:
$709,000
100% of Average
sqft:
1,833
low | high
Med:
797
100% of Average
$ / sqft:
$960
low | high
Med:
$894
56.867937350141% of Average
On site:
18
low | high
Med:
95.5
18.848167539267% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.32M - $2.2M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
131-07 40th Road E07 Property Photo 1
$1,330,000
131-07 40th Road E07
Flushing, NY 11354
131-07 40th Road E06 Property Photo 1
$1,720,000
131-07 40th Road E06
Flushing, NY 11354
131-07 40th Road E20 Property Photo 1
$1,398,000
131-07 40th Road E20
Flushing, NY 11354
131-07 40th Road E33 Property Photo 1
$1,950,000
131-07 40th Road E33
Flushing, NY 11354
131-07 40th Road Property Photo 1
$1,680,000
131-07 40th Road
Flushing, NY 11354
Listing Updated: October 9, 2026 at 2:50:30 AM PDT

Andrea Mahoney - Smitchger Realty