131-44 40th Road Flushing, NY $ 2,699,000
131-44 40th Road
$ 2,699,000
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131-44 40th Road

Flushing, NY, 11354
$ 2,699,000
Bedrooms-- Baths-- Sq 5,007

Monthly Estimate*

$ 16,838

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Commercial Property for sale in Flushing, NY

for $2,699,000. This 5,007 square foot building was built in 2007 on a lot size of 0.0275.

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. 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 Active

Price

$ 2,699,000

Property Type

Commercial

Taxes

$ 16,412

Style

Multi Family

Lot Size

0.0275

Year Built

2007

Town/City

Flushing

County/Region

Queens

MLS | Web ID

873722

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Construction Materials Brick
Year Built 2007
Property Subtype Multi Family
Tax Year 2024
Parcel Number 05060-0151
County Queens
Property Type Commercial Sale
City New York
Number Of Units Total 4
Property Attached Y/N N
Tax Annual Amount 16412
Showing Instructions Call / Text Shirley 917-254-0248
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 249750
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Interior
Basement Finished Full Walk-Out Access
Total Stories 5
Basement Features Finished Full Walk-Out Access
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 5007
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

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Affordability Calculator

$18,206
Per Month
92%
8%
0%
Monthly Principal & Interest
$16,838
Monthly Property Taxes
$1,368
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Pricing History
DatePricePrice ChangeDescription
11/4/2025$2,699,000 -10.00% Price Down
6/5/2025$2,999,000 Listed Price

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131-44 40th Road, Flushing, NY, 11354 is a Commercial Property for sale at $2,699,000 with 5,007 sqft and a lot size of 0.0275. 131-44 40th Road was built in 2007. The property's zip code is 11354 which is in Flushing, NY