131-07 40th Road E06 Flushing, NY $ 1,720,000
131-07 40th Road E06
$ 1,720,000
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131-07 40th Road E06

Flushing, NY, 11354
$ 1,720,000
Bedrooms-- Baths-- Sq 1,785

Monthly Estimate*

$ 11,880

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Commercial Property for sale in Flushing, NY

for $1,720,000. This 1,785 square foot building was built in 2006 on a lot size of 5.7691.

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E06 (Suite E10), Flushing. 1,785 rentable SF / 1,339 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. $134,505, a 7.82% 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.

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Commercial Active

Price

$ 1,720,000

Property Type

Commercial

Taxes

$ 6,583

Style

Office

Lot Size

5.7691

Year Built

2006

Town/City

Flushing

County/Region

Queens

MLS | Web ID

1060363

Features
General
Sewer Public Sewer
Heating Hot Air
Cooling Central Air
Utilities Electricity Connected Water Connected
Construction Materials Other
Year Built 2006
Unit Number E06
Property Subtype Office
Tax Year 2026
Parcel Number 05066-1211
Gross Income 134505
Business Type Medical Professional/Office
Building Name SkyView Center
County Queens
Property Type Commercial Sale
City New York
High School District Queens 25
Property Attached Y/N Y
Tax Annual Amount 6583.36
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 25
Elementary School District Queens 25
Tax Assessed Value 140769
Tax Lot 1211
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Exterior
Water Source Public
Foundation Details Other
Building Area Total 1785
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 131
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* Excluded Features
List By
Jianfeng Yao

Listing Agent

Yaos Realty Llc

Broker

347-630-8888

Contact

Affordability Calculator

$12,428
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,880
Monthly Property Taxes
$549
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099704 Elementary School
4100326 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$1,720,000 Listed Price

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131-07 40th Road E06, Flushing, NY, 11354 is a Commercial Property for sale at $1,720,000 with 1,785 sqft and a lot size of 5.7691. 131-07 40th Road E06 was built in 2006. The property's zip code is 11354 which is in Flushing, NY