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211-20 Union Tpke 4,200 SF 38% Leased Retail Building Oakland Gardens, NY 11364 $3,990,000 ($950/SF)



Investment Highlights
- Central Air & Heat
Executive Summary
Prime Mixed-Use Office Building for Sale – 211-20 Union Turnpike, Queens, NY
Exceptional opportunity to acquire a well-maintained commercial property in a highly desirable Queens location. Situated on a 60’ x 100’ lot, this building offers approximately 4,200 square feet of ground-floor space, plus a full basement with significant upside potential.
The property is currently configured as two office units:
Unit 1 (Occupied): Approximately 1,400 SF with direct access to a full basement
Unit 2 (Vacant): Approximately 2,800 SF, offering immediate availability for an owner-user or new tenant
The building features a shared backyard currently utilized for parking, adding valuable convenience for tenants and clients.
Additional highlights include:
Central air conditioning and heating throughout
New roof across the entire building
Five (5) restrooms
Flexible layout suitable for a variety of professional or medical uses
The full basement presents a strong value-add opportunity, with the potential to be legalized for commercial use beyond storage. If realized, this could effectively increase the usable square footage to approximately 8,400 SF, significantly enhancing income potential.
Ideal for investors or owner-users seeking stable income with upside, or the ability to occupy a substantial portion of the building while generating rental revenue.
Exceptional opportunity to acquire a well-maintained commercial property in a highly desirable Queens location. Situated on a 60’ x 100’ lot, this building offers approximately 4,200 square feet of ground-floor space, plus a full basement with significant upside potential.
The property is currently configured as two office units:
Unit 1 (Occupied): Approximately 1,400 SF with direct access to a full basement
Unit 2 (Vacant): Approximately 2,800 SF, offering immediate availability for an owner-user or new tenant
The building features a shared backyard currently utilized for parking, adding valuable convenience for tenants and clients.
Additional highlights include:
Central air conditioning and heating throughout
New roof across the entire building
Five (5) restrooms
Flexible layout suitable for a variety of professional or medical uses
The full basement presents a strong value-add opportunity, with the potential to be legalized for commercial use beyond storage. If realized, this could effectively increase the usable square footage to approximately 8,400 SF, significantly enhancing income potential.
Ideal for investors or owner-users seeking stable income with upside, or the ability to occupy a substantial portion of the building while generating rental revenue.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,200 SF
Building Class
C
Year Built
1951
Price
$3,990,000
Price Per SF
$950
Percent Leased
38%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.14 AC
Zoning
R2A - Low density residential district
Amenities
- Bus Line
- Signage
- Storage Space
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07785-0052 | Improvements Assessment | $227,250 |
| Land Assessment | $89,100 | Total Assessment | $316,350 |
Property Taxes
Parcel Number
07785-0052
Land Assessment
$89,100
Improvements Assessment
$227,250
Total Assessment
$316,350
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211-20 Union Tpke
