131-07 40th Road #E19

Leased office condominium investment at SkyView Center, 131-07 40th Road, Unit E19 (Suite E26), Flushing. 3,071 rentable SF / 2,303 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. $231,408, a 7.84% 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.