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131-48 40th Road Flushing, NY $ 2,999,000
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$ 2,999,000 Get more info
131-48 40th Road
$ 2,999,000
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131-48 40th Road

Flushing, NY, 11354
$ 2,999,000
Bedrooms-- Baths-- Sq 6,412

Monthly Estimate*

$ 18,465

131-48 40th Road, Flushing, NY 11354 - Image 1

Commercial Property for sale in Flushing, NY

for $2,999,000. This 6,412 square foot building was built in 2007 on a lot size of 0.0402.

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 6412 Sqft. Lot Size: 20*86. This Building Feature 1 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-48 40th Road presents a compelling investment opportunity. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

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Commercial Pending

Price

$ 2,999,000

Property Type

Commercial

Taxes

$ 69,940

Style

Multi Family

Lot Size

0.0402

Year Built

2007

Town/City

Flushing

County/Region

Queens

MLS | Web ID

866195
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities See Remarks
Zoning C4-2
Construction Materials Brick
Year Built 2007
Property Subtype Multi Family
Tax Year 2024
Parcel Number 05060-0149
County Queens
Property Type Commercial Sale
City New York
Number Of Units Total 4
Property Attached Y/N N
Tax Annual Amount 69940
Showing Instructions Text / Call Shirley 917-254-0248
Building Area Units Square Feet
Standard Status Pending
Tax Assessed Value 690660
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Interior
Basement Finished Full Walk-Out Access
Basement Features Finished Full Walk-Out Access
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 6412
Waterfront Y/N N
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Internal Only
Street Number 1 131
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* Excluded Features
List By
Shirley Y. Chen

Listing Agent

Prime Realty

Broker

718-229-2922

Contact

Affordability Calculator

$24,294
Per Month
76%
24%
0%
Monthly Principal & Interest
$18,465
Monthly Property Taxes
$5,828
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/5/2025$2,999,000 Listed Price

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131-48 40th Road, Flushing, NY, 11354 is a Commercial Property for sale at $2,999,000 with 6,412 sqft and a lot size of 0.0402. 131-48 40th Road was built in 2007. The property's zip code is 11354 which is in Flushing, NY

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