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MLS ID KEY1060421Last updated Oct 9, 2026

Office

131-07 40th Road #E07

Active · Queens, NY 11354

Asking price$1,330,000Request a Showing
Year built
2006
Est. monthly taxes
$423.88
Property gallery0 / 6
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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.

Listing snapshot

Days on site
20 days
Listed on MLS
Oct 8, 2026
Annual property tax (MLS)
$5,086.52
Tax year
2026
Listing brokerage
Yaos Realty LLC
MLS ID
KEY1060421
Last updated
Oct 9, 2026

General features

Property type
Office
Year built
2006
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Water Connected

Interior features

Heating
Hot Air
Cooling
Central Air

Exterior features

Construction materials
Other

Schools (MLS)

Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 25

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11354Show interactive map
131-07 40th Road #E07

Queens, NY 11354

Google Maps directions

Listing data is supplied by the MLS and may change without notice.