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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
C
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)

Amenities

  • 24 Hour Access
  • Bus Line
  • Basement

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Professional, Scientific, and Technical Services
  • 6,224 SF
  • -
  • -

H&R Block began when brothers Henry and Richard Bloch started offering tax preparation services in Kansas City, Missouri. The company pioneered the tax preparation industry by providing affordable assistance to individuals and small businesses. Today, it operates thousands of retail offices worldwide while also offering do-it-yourself online tax solutions. In addition to core tax services, H&R Block provides payroll services, business consulting, and financial products like refund advances. The company serves clients in multiple countries through both physical locations and digital platforms.

Tenant Industry SF Occupied Rent/SF Lease End
Professional, Scientific, and Technical Services 6,224 SF - -
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
04077-0046
Land Assessment
$99,900
Improvements Assessment
$472,050
Total Assessment
$571,950
  • Listing ID: 39566518

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 1448 College Point Blvd, College Point, NY 11356

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