2,240 sqft

$2,160,000

131-07 40th Road Unit: E08, Flushing NY, 11354

Price per sqft$964.29

Built in2006

Property size2,240 sqft

Property typeCommercial

Courtesy of Yaos Realty LLC, Jianfeng Yao Listing Contact: 347-630-8888

Overview

Active

Listed Oct 8, 2026

Updated 9h ago

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E08 (Suite E12), Flushing. 2,240 rentable SF / 1,680 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. $168,790, a 7.81% 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.

Additional information

MLS^® ID: 1060432

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 5.77 Acres

Other Property Details

Taxes: $8,094
Tax Frequency: Annually

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