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H&R Block 1448 College Point Blvd 6,225 SF Office Building College Point, NY 11356 $2,680,000 ($430.52/SF)

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Executive Summary

Exceptional opportunity to acquire a well-maintained, elevator commercial building in the heart of Downtown College Point. Formerly operated as the College Point Arts Center, this versatile property is ideally suited for educational, school, arts, professional, medical, religious, or community uses. Property Highlights: Approx. 2,600 SF per floor (1st & 2nd floors),Full finished basement. Elevator servicing multiple levels, Central A/C (CAC) & sprinkler system, Back playground approx. 1,320 SF, Additional rooftop space, Excellent street visibility on College Point Blvd, Turn-key condition. Layout Breakdown: Basement: Office, dryer, washer, utility room, water meter room, elevator machine room; 1st Floor: Office, school reception area, classrooms, kitchen; 2nd Floor: Office and classrooms; 3rd Floor: Storage. Zoning & Usage Flexible layout and infrastructure make this property ideal for: Schools & educational institutions; Art centers & studios; Professional offices; Medical or wellness centers; Religious or community facilities. Owner has retired can use for own business.

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

6,225 SF

Building Class

Year Built

1929

Price

$2,680,000

Price Per SF

$430.52

Tenancy

Single

Building Height

2 Stories

Typical Floor Size

3,113 SF

Building FAR

1.59

Lot Size

0.09 AC

Zoning

R5B - R5 - Medium density district with a height limit of 40 feet

Parking

4 Spaces (0.64 Spaces per 1,000 SF Leased)

24 Hour Access

Bus Line

Basement

Major Tenants

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6,224 SF
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H&R Block began in 1955 when brothers Henry and Richard Bloch started a bookkeeping service in Kansas City, Missouri. They quickly pivoted to tax preparation after realizing the market need. The company pioneered the tax preparation industry and expanded through franchising in the 1950s. Over decades, it grew into a global provider of both in-person and digital tax services. Today, the company offers do-it-yourself tax software, assisted tax preparation, and financial products like refund advances. They also serve small businesses with bookkeeping and payroll services. H&R Block continues to adapt by integrating technology into their traditional tax services.