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12909 26th Ave
Flushing, NY 11354
Office Property For Sale


Executive Summary
129-09 26th Avenue is a four-story commercial office building totaling approximately 60,000 square feet, situated on a 62,000± SF lot in the Flushing / College Point submarket of Queens. Constructed in 1986, the property features on-site parking, efficient floor plates, and multiple office suites suitable for owner-users or multi-tenant occupancy. The property is well positioned for office, administrative, or professional use, benefiting from convenient access to major roadways and surrounding commercial and industrial demand drivers. The large lot size provides flexibility for parking, operations, and long-term strategic value. This offering presents an attractive opportunity for investors, owner-users, or long-term holders seeking a sizable Queens commercial asset with existing income and value-add potential.
Building Size: ~60,000 sq ft
Lot Size: ~1.28 acres
Year Built: 1986
Stories: 4 stories
Units: 36 offices/space units
Zoning: Commercial/Office use (M2-1 in NYC zoning)
Location: Prime commercial corridor on 26th Avenue in College Point/Flushing, Queens.
Parking: Large on-site parking 80 spaces
Highlights: Strong rental demand, stable long-term asset; excellent investor opportunity.
Market Positioning: Positioned as a value-add or stabilized office investment in a well-trafficked Queens commercial area.
Building Size: ~60,000 sq ft
Lot Size: ~1.28 acres
Year Built: 1986
Stories: 4 stories
Units: 36 offices/space units
Zoning: Commercial/Office use (M2-1 in NYC zoning)
Location: Prime commercial corridor on 26th Avenue in College Point/Flushing, Queens.
Parking: Large on-site parking 80 spaces
Highlights: Strong rental demand, stable long-term asset; excellent investor opportunity.
Market Positioning: Positioned as a value-add or stabilized office investment in a well-trafficked Queens commercial area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
60,000 SF
Building Class
B
Year Built
1986
Price
$34,180,751 CAD
Price Per SF
$569.68 CAD
Cap Rate
3.06%
NOI
$1,045,509 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
15,815 SF
Slab To Slab
12’
Building FAR
0.97
Lot Size
1.42 AC
Zoning
M2-1 - M2 districts occupy the middle ground between light and heavy industrial areas
Parking
85 Spaces (1.34 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Property Manager on Site
Property Taxes
| Parcel Number | 04273-0090 | Improvements Assessment | $3,631,842 CAD |
| Land Assessment | $1,907,286 CAD | Total Assessment | $5,539,127 CAD |
Property Taxes
Parcel Number
04273-0090
Land Assessment
$1,907,286 CAD
Improvements Assessment
$3,631,842 CAD
Total Assessment
$5,539,127 CAD
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