Andrea Mahoney - Smitchger Realty Logo
$2,950,000
( $960.60Per Sq Foot )
 $15,836 est/mo Sourced by Back At You

131-07 40th Road E19,Flushing, NY 11354

Flushing, NY 11354

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Description

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E19 (Suite E26), Flushing. 3,071 rentable SF / 2,303 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. $231,408, a 7.84% 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 #1060436
Listing TypeFor Sale
StyleOffice
Building NameSkyView Center
Sub-TypeResale
StatusActive
Year2006
Days On Site25
Listing Provided ByYaos Realty LLC | Jianfeng Yao

Features

SQ Feet3,071
Acreage5.77

Interior

CoolingCentral Air
HeatingHot Air

Exterior

Construction MaterialsOther
Foundation DetailsOther

Utilities

UtilitiesElectricity Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value242098
Tax Annual Amount11322.28
Tax Lot1222

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11354
Listing VS Median (in 11354)
Price:
$2,950,000
low | high
Med:
$709,000
100% of Average
sqft:
3,071
low | high
Med:
797
100% of Average
$ / sqft:
$961
low | high
Med:
$894
56.909100883061% of Average
On site:
25
low | high
Med:
102.5
24.390243902439% of Average
Sourced by Back At You

Market Activity 11354

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Additional Information

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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:
$2,950,000
low | high
Med:
$709,000
100% of Average
sqft:
3,071
low | high
Med:
797
100% of Average
$ / sqft:
$961
low | high
Med:
$894
56.909100883061% of Average
On site:
25
low | high
Med:
102.5
24.390243902439% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.212M - $3.687M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
132-03 Sanford Avenue 1A Property Photo 1
$2,290,000
132-03 Sanford Avenue 1a
Flushing, NY 11355
Listing Updated: October 9, 2026 at 2:50:30 AM PDT

Andrea Mahoney - Smitchger Realty