13340 37th Avenue Flushing, NY $ 4,880,000
13340 37th Avenue
$ 4,880,000
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13340 37th Avenue

Flushing, NY, 11354
$ 4,880,000
Bedrooms-- Baths-- Sq 4,944

Monthly Estimate*

$ 30,047

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Commercial Property for sale in Flushing, NY

for $4,880,000. This 4,944 square foot building was built in 2004 on a lot size of 0.0348.

Prime Mixed-Use Investment in the Heart of Downtown Flushing A rare opportunity to acquire a fully leased (with the exception of the basement) mixed-use building in one of the most dynamic and fast-growing corridors of Flushing. This well-maintained property offers a strong, stable income stream today with significant upside for tomorrow. Basement: Vacant and ready for lease — an ideal space for a new tenant looking to capitalize on Flushing’s unmatched foot traffic. First Floor: Occupied by a popular, well-established dessert restaurant with strong brand recognition and reliable rental income. Second Floor: Leased to a long-term office tenant, providing consistent and dependable revenue. Third & Fourth Floors: Each features a spacious 3-bedroom, 2-bath residential unit, generating excellent rental income in a high-demand neighborhood. With a projected cap rate of approximately 6%, this property is low-maintenance, easy to manage, and perfectly suited for both seasoned investors and those seeking a stable, hands-off return. Positioned in a rapidly developing section of Downtown Flushing, this asset offers the perfect blend of current cash flow and future appreciation. Don’t miss your chance to secure a solid, income-producing property in one of Queens’ most vibrant commercial and residential hubs.

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Commercial Active

Price

$ 4,880,000

Property Type

Commercial

Taxes

$ 42,754

Style

Multi Family

Lot Size

0.0348

Year Built

2004

Town/City

Flushing

County/Region

Queens

MLS | Web ID

875158

Features
General
Sewer Public Sewer
Heating Baseboard Ducts Natural Gas
Cooling Multi Units Varies by Unit Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Construction Materials Brick
Year Built 2004
Property Subtype Multi Family
Tax Year 2024
Parcel Number 04972-0034
Accessibility Accessible Elevator Installed
County Queens
Property Type Commercial Sale
City New York
Disclosures None
Number Of Units Total 5
Property Attached Y/N Y
Tax Annual Amount 42754.64
Showing Instructions 24-48 Hours Notice Thought L/A
Property Condition Actual
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 403650
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Interior
Basement Finished See Remarks Walk-Out Access
Total Stories 4
Basement Features Finished See Remarks Walk-Out Access
Basement (Y/N) Y
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Exterior
Parking Features Off Street Off Street
Water Source Public
Total Parking 0
Parking Spaces 0
Building Area Total 4944
Waterfront Y/N N
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Internal Only
Street Number 1 13340
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* Excluded Features
List By
King Hong Chin

Listing Agent

Keller Williams Rlty Landmark

Broker

718-475-2700

Contact

Affordability Calculator

$33,610
Per Month
89%
11%
0%
Monthly Principal & Interest
$30,047
Monthly Property Taxes
$3,563
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
Pricing History
DatePricePrice ChangeDescription
11/6/2025$4,880,000 -2.20% Price Down
9/1/2025$4,990,000 -5.67% Price Down
8/2/2025$5,290,000 -5.54% Price Down
6/9/2025$5,600,000 Listed Price

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13340 37th Avenue, Flushing, NY, 11354 is a Commercial Property for sale at $4,880,000 with 4,944 sqft and a lot size of 0.0348. 13340 37th Avenue was built in 2004. The property's zip code is 11354 which is in Flushing, NY