$480,000

This turnkey 972 sq ft office or medical space in Downtown Flushing, one of the busiest commercial districts in Queens. It sits on the ground floor of Diamond Star Plaza with its own street entrance, a short walk from Main Street, the 7 train and the LIRR. The unit is fully built out and ready to use. It has a reception area with a curved wood reception desk, a granite counter and built-in shelving, three private rooms (one with custom cabinetry) and a private in-unit bathroom. Hardwood floors, a drop ceiling, recessed and wall-sconce lighting, and ducted HVAC run throughout. The space is currently set up for medical use and would also suit a doctor’s or therapy practice, an accounting, legal or insurance office, a home care agency, or other professional services that want to be in a high-traffic neighborhood with a dense residential base close by. With a potential 10.2% cap rate, for an investor looking for strong returns. Getting here couldn’t be easier, with one of Queens’ largest transit hubs just a short walk away. The 7 train, local and express, stops at Flushing–Main St with direct service to Long Island City, Grand Central and Times Square, while the Long Island Rail Road’s Port Washington Branch at Flushing–Main Street station puts you about 20 minutes from Penn Station and Grand Central Madison. Downtown Flushing is also a major bus terminal, served by the Q12, Q17, Q20, Q25, Q26, Q27, Q44-SBS, Q58, Q61, Q62, Q65, Q66, Q90 and Q98