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4322 50TH ST Flushing NY 11377-4496

[Locked] • APN 00138-0040

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Details
Property Type Office
Sub Type Executive Office, Traditional Office
Building SqFt 16,500
Lot SqFt 8,260
Acreage ******
Number of Units 5
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code R7A
Year Built 1955
Building Count 1
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Land ******

Property History

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Property Type
Property Type
Mixed Use
Marketing Description
This exceptional opportunity features a developable commercial building with transferable air rights in the heart of Woodside. With approximately 25,000 sq ft of total buildable area and strong corner visibility, this site is ideal for a transformative mixed-use project, boutique office complex, or retail/entertainment destination. The property sits on a high-visibility corner, offering excellent street presence and easy access to major arteries (I-278, LIE) and transit options, including multiple bus routes and nearby subway/rail connections.
Property Type
Property Type
Office
Property Subtype
Executive Office, Medical Office, Traditional Office
Asking Details
Asking Price
$9,580,000
Asking Cap Rate
5.32%
Asking NOI
$510,000
Price/Sq Ft
$387.07
Marketing Description

Lin Pan Realty is pleased to present a standout commercial investment opportunity: 4322 50th Street at Woodside.​ This robust two-story masonry office building combines immediate, stable income with significant future upside in one of Queens' most dynamic and accessible neighborhoods.​ Strategically positioned on a prominent corner lot, the property commands exceptional visibility and foot traffic.​ Its prime location is further amplified by direct adjacency to the Roosevelt Avenue corridor and the Subway 7 line, providing unparalleled access for tenants, clients, and future redevelopment.​

Investment Highlights
  • ​Substantial Scale & Income: Features approximately 25,000 square feet of building area, anchored by a diversified mix of long-term, creditworthy tenants including a bank, medical offices, CPA firms, and government boards, with 8-9 years lease remaining, ensuring reliable cash flow.
  • ​Premium On-Site Amenities: Includes 19 indoor parking spaces, a coveted amenity that adds substantial value and convenience.
  • ​Prime Development Potential: Zoned R7/C8-1, this site offers exciting future flexibility for value-add repositioning or potential vertical expansion (subject to approvals), allowing an investor to shape its next chapter.
  • ​Ideal Investment Vehicle: Positioned perfectly for a 1031 exchange, this asset delivers the dual advantage of solid current income and a clear path to accelerated future returns.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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R7A ResidentialMulti FamilyGeneral Residence
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
SA
Steven Anguisaca
•••.•••.7092
•••••••••••••••1996@•••••.com
Concrete Jungle NYC Realty
Listing removed on
 BY:
DP
Dominico Pedone
•••.•••.0937
••••nick@••••••••••••••••••••.com
Concrete Jungle NYC Realty

Map

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