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131-07 40th Road E08 Flushing, NY $ 2,160,000
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$ 2,160,000 Get more info
131-07 40th Road E08
$ 2,160,000
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131-07 40th Road E08

Flushing, NY, 11354
$ 2,160,000
Bedrooms-- Baths-- Sq 2,240

Monthly Estimate*

$ 14,919

131-07 40th Road E08, Flushing, NY 11354 - Image 1
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131-07 40th Road E08, Flushing, NY 11354 - Image 3
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131-07 40th Road E08, Flushing, NY 11354 - Image 5

Commercial Property for sale in Flushing, NY

for $2,160,000. This 2,240 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 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.

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Commercial Active

Price

$ 2,160,000

Property Type

Commercial

Taxes

$ 8,094

Style

Office

Lot Size

5.7691

Year Built

2006

Town/City

Flushing

County/Region

Queens

MLS | Web ID

1060432
Features
General
Sewer Public Sewer
Heating Hot Air
Cooling Central Air
Utilities Electricity Connected Water Connected
Construction Materials Other
Year Built 2006
Unit Number E08
Property Subtype Office
Tax Year 2026
Parcel Number 05066-1213
Gross Income 168790
Business Type 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 8094.48
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 173079
Tax Lot 1213
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Exterior
Water Source Public
Foundation Details Other
Building Area Total 2240
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

$15,593
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,919
Monthly Property Taxes
$675
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/9/2026$2,160,000 Listed Price

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131-07 40th Road E08, Flushing, NY, 11354 is a Commercial Property for sale at $2,160,000 with 2,240 sqft and a lot size of 5.7691. 131-07 40th Road E08 was built in 2006. The property's zip code is 11354 which is in Flushing, NY

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