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131-07 40th Road #E07, Flushing, photo 1
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131-07 40th Road #E07, photo 2
131-07 40th Road #E07, photo 3
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131-07 40th Road #E07, photo 6

131-07 40th Road #E07

$1,330,000

Est. $7,175/mo

Flushing, NY 11354 · Queens

Status
Active
On site
26 days

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About this home

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E07 (Suite E11), Flushing. 1,380 rentable SF / 1,035 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. $103,987, 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.

Listed with Yaos Realty LLC · Jianfeng Yao · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 9:07 PM ET. ©2026 One Key MLS.

Estimate your monthly payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and private mortgage insurance.

$7,175.15Total / mo

Estimated monthly payment

Principal & interest
$6,551.23(91.3%)
Taxes
$423.92(5.9%)
Insurance
$200.00(2.8%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Flushing, NY

Current listings

New in the last 30 days

229

Nov 2026

Average price

Active listings

$1,191,346

Nov 2026

Average days on market

Active listings

152 days

Nov 2026

Computed from 1,460 active OneKey MLS listings in Flushing, NY.

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