40-32 Forley StQueens, NY 11373
For Sale
$1,700,000
Prime Elmhurst location, high NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- Class B, 2-story medical office building totaling 2,634 sq ft in Elmhurst/Jackson Heights, Queens.
- 100% occupied, single-tenant property with a strong NOI of $90,000, listed at $1,700,000 ($645.41/sq ft).
- Situated on a 3,248 sq ft lot (30 ft x 108.25 ft) in an R4 zoned area with potential for expansion due to unused FAR of 3,862 sq ft.
- Excellent public transportation access via the 7 train and LIRR, near NYC Health & Hospitals/Elmhurst and schools.
- Currently occupied by a medical practice, offering options for continued rental income, vacant delivery, or a short-term sale leaseback at $7,500/month NNN. The medical practice is also available for sale separately.
- Property taxes are $10,614.
Property Details for 40-32 Forley St
- Property type
- Office properties, Medical offices
- Square Feet
- 2,634 SF
- Class
- B
- Year Built
- 1930
- Buildings
- 2
- Stories
- 2
- Units
- 1
Location Insight
- City
- Queens
- County
- Queens
- State
- New York
- Latitude
- 40.747495109754
- Longitude
- -73.880384933512
40-32 Forley St, Queens, New York
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Prime Elmhurst location, high NOI.
- Where is the office property located?
- The property is located at 40-32 Forley St Queens, NY.
- What is the asking price?
- The asking price for this property is $1,700,000.
- What are key features of this property?
- This property features: Class B, 2-story medical office building totaling 2,634 sq ft in Elmhurst/Jackson Heights, Queens.; 100% occupied, single-tenant property with a strong NOI of $90,000, listed at $1,700,000 ($645.41/sq ft).; Situated on a 3,248 sq ft lot (30 ft x 108.25 ft) in an R4 zoned area with potential for expansion due to unused FAR of 3,862 sq ft.
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