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Investment Highlights

  • 10,000 SF | Turn-Key Medical Building For Sale In Astoria - Strong Cap Rate
  • The roof was redone 2 years ago

Executive Summary

23-22 30th Avenue presents a rare turn-key medical investment opportunity in the heart of Astoria, Queens. This modern, two-story Building Class B property spans approximately 9,540 square feet on a 5,100-square-foot lot and is fully configured for medical use. The property features one expansive commercial unit with multiple tenants in place, offering stable cash flow and a strong cap rate. With building dimensions of 30 feet by 119 feet, the asset provides efficient floor plates and flexible interior layouts suitable for a variety of healthcare and professional uses. The roof was completely redone two years ago, minimizing near-term capital expenditures.
Ideally located between Crescent Steet and 23rd Street, 23-22 30th Avenue is situated in the heart of Astoria, one of Queens’ most vibrant and fast-growing neighborhoods. The property enjoys strong foot traffic and excellent visibility along 30th Avenue, a bustling corridor lined with cafés, restaurants, and medical offices. Just steps from the 30th Avenue (N/W) subway station, the location offers convenient access to Manhattan and greater Queens. Surrounded by a dense residential community and major retailers such as Starbucks, Key Food, and CVS, this prime Astoria address presents a high-visibility, turn-key investment opportunity ideal for owner-users or investors alike.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,540 SF
Building Class
B
Year Built/Renovated
1930/2003
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,250 SF
Building FAR
1.83
Lot Size
0.12 AC
Zoning
R6A, R6B - Centrally located in the Astoria neighborhood of Queens between 23rd St and Crescent St near the 30th Ave train station with plenty of street parking

Amenities

  • Direct Elevator Exposure
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Basement
  • 3,162 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Floor
  • 3,500 SF
  • Office
  • Full Build-Out
  • Aug 2026

Turnkey Medical Office | 6,500 SF | Two Floors | Private elevator An exceptional opportunity to lease a fully built-out medical office previously occupied by Mount Sinai Hospital of Queens. The available space consists of approximately 6,500 square feet across the ground floor and lower level, connected by an internal passenger elevator, allowing seamless patient flow and ADA-compliant access between floors. Because the space was purpose-built for Mount Sinai’s operations, the layout remains in pristine condition and fully medical-grade, significantly reducing the time and capital normally required to construct a new healthcare facility. Space Highlights • 6,500 SF Total – Ground Floor + Lower Level • Turnkey medical office buildout • Elevator connecting both levels • Approximately 8 private exam rooms • Dedicated radiology suite previously designed for an MRI installation, including structural and shielding considerations • Modern reception and waiting areas • Multiple consultation and procedure rooms • Medical-grade mechanical systems and infrastructure • Excellent visibility along 30th Avenue retail corridor Ideal Uses This space is well suited for healthcare operators seeking a plug-and-play location with minimal construction requirements. Ideal tenants include: • Private medical practices • Multi-specialty clinics • Dental or orthodontic groups • Outpatient surgery centers • Physical therapy or rehabilitation clinics • Radiology / imaging centers • Hospital-affiliated outpatient facilities • Urgent care providers Prime Astoria Location Located at 23-22 30th Avenue, the property sits in the heart of Astoria’s bustling commercial corridor surrounded by dense residential housing and strong foot traffic. Astoria has experienced significant population growth and remains one of Queens’ most underserved healthcare markets, creating strong demand for outpatient medical services. Transportation The property offers excellent accessibility for patients and staff: • N / W Subway Lines – 30th Avenue Station (approx. 3 blocks) • MTA Bus Lines: Q18, Q101, Q102 nearby • Quick access to Grand Central Parkway and RFK Bridge The Advantage Replicating this medical infrastructure today could cost well over $1M in buildout, particularly for imaging and specialty medical uses. Leasing this space allows a tenant to launch operations quickly without the long construction timeline or capital investment. Long-term tenancy preferred. For leasing information or to schedule a private tour: Reyes & Elsamad Real Estate Group 212-235-2776 Ext. 3

Space Size Space Use Build-Out Available
Basement 3,162 SF Office Full Build-Out Now
1st Floor 3,500 SF Office Full Build-Out Aug 2026

Basement

Size
3,162 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
3,500 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Aug 2026

1st Floor

Size 3,500 SF
Space Use Office
Build-Out Full Build-Out
Available Aug 2026

Turnkey Medical Office | 6,500 SF | Two Floors | Private elevator An exceptional opportunity to lease a fully built-out medical office previously occupied by Mount Sinai Hospital of Queens. The available space consists of approximately 6,500 square feet across the ground floor and lower level, connected by an internal passenger elevator, allowing seamless patient flow and ADA-compliant access between floors. Because the space was purpose-built for Mount Sinai’s operations, the layout remains in pristine condition and fully medical-grade, significantly reducing the time and capital normally required to construct a new healthcare facility. Space Highlights • 6,500 SF Total – Ground Floor + Lower Level • Turnkey medical office buildout • Elevator connecting both levels • Approximately 8 private exam rooms • Dedicated radiology suite previously designed for an MRI installation, including structural and shielding considerations • Modern reception and waiting areas • Multiple consultation and procedure rooms • Medical-grade mechanical systems and infrastructure • Excellent visibility along 30th Avenue retail corridor Ideal Uses This space is well suited for healthcare operators seeking a plug-and-play location with minimal construction requirements. Ideal tenants include: • Private medical practices • Multi-specialty clinics • Dental or orthodontic groups • Outpatient surgery centers • Physical therapy or rehabilitation clinics • Radiology / imaging centers • Hospital-affiliated outpatient facilities • Urgent care providers Prime Astoria Location Located at 23-22 30th Avenue, the property sits in the heart of Astoria’s bustling commercial corridor surrounded by dense residential housing and strong foot traffic. Astoria has experienced significant population growth and remains one of Queens’ most underserved healthcare markets, creating strong demand for outpatient medical services. Transportation The property offers excellent accessibility for patients and staff: • N / W Subway Lines – 30th Avenue Station (approx. 3 blocks) • MTA Bus Lines: Q18, Q101, Q102 nearby • Quick access to Grand Central Parkway and RFK Bridge The Advantage Replicating this medical infrastructure today could cost well over $1M in buildout, particularly for imaging and specialty medical uses. Leasing this space allows a tenant to launch operations quickly without the long construction timeline or capital investment. Long-term tenancy preferred. For leasing information or to schedule a private tour: Reyes & Elsamad Real Estate Group 212-235-2776 Ext. 3

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
00572-0035
Land Assessment
$114,750
Improvements Assessment
$737,550
Total Assessment
$852,300
  • Listing ID: 35289579

  • Date on Market: 8/15/2023

  • Last Updated:

  • Address: 23-22 30th Ave, Astoria, NY 11102

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