131-44 40 Road Flushing, NY $ 2,599,000
131-44 40 Road
$ 2,599,000
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131-44 40 Road

Flushing, NY, 11354
$ 2,599,000
Baths0.0

Monthly Estimate*

$ 16,410

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Studio

Multi-Family Home for sale in Flushing, NY

for $2,599,000. This home was built in 2007.

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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Multi-Family Active

Price

$ 2,599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 29,143

Style

Triplex

Year Built

2007

Town/City

Flushing

County/Region

Queens

MLS | Web ID

1044524

Features
Interior
Interior Amenities Open Floorplan
Basement Finished Full Walk-Out Access
Basement Features Finished Full Walk-Out Access
Basement (Y/N) Y
Total Bedrooms 0
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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 Triplex
Tax Year 2026
County Queens
Property Type Residential Income
Garage Y/N N
Full Baths 0
High School Flushing High School
City New York
Senior Community Y/N N
High School District Queens 25
Number Of Units Total 6
Carport Y/N N
Elementary School Ps 21 Edward Hart
Property Attached Y/N Y
Tax Annual Amount 29143
Middle/Junior High School Jhs 189 Daniel Carter Beard
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 25
Elementary School District Queens 25
Cap Rate 11577
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Exterior
Parking Features None None
Water Source Public
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

$18,839
Per Month
87%
13%
0%
Monthly Principal & Interest
$16,410
Monthly Property Taxes
$2,429
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4100933 Elementary School
4101412 Middle School
Flushing High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2026$2,599,000 Listed Price

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131-44 40 Road, Flushing, NY, 11354 is a Multi-Family Home for sale at $2,599,000. 131-44 40 Road is a studio with 0.0 baths and was built in 2007. The property's zip code is 11354 which is in Flushing, NY