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.
| MLS # | 1044524 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 56 |
| Listing Provided By | Prime Realty | Shirley Y. Chen |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| Basement | Y |
| Units | 6 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Interior Features | Open Floorplan |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 29143 |
| State | NY |
|---|---|
| County | Queens |
| City | Flushing |
| Zip Code | 11354 |
| School District | Flushing High School |
| Elementary School | Ps 21 Edward Hart |
| High School | Flushing High School |
| Listing VS Median (in 11354) | |
Price: $2,199,000 low | high Med: $709,000 On site: 56 low | high Med: 93.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Flushing |
| Zip Code | 11354 |
| School District | Flushing High School |
| Elementary School | Ps 21 Edward Hart |
| High School | Flushing High School |
| Listing VS Median (in 11354) | |
Price: $2,199,000 low | high Med: $709,000 On site: 56 low | high Med: 93.5 | |
![]() | $2,199,000131-44 40th RoadFlushing, NY 11354 |
![]() | $1,890,000131-56 41st AveFlushing, NY 11355 |
![]() | $1,680,000131-07 40th RoadFlushing, NY 11354 |
![]() | $1,950,000131-07 40th Road E33Flushing, NY 11354 |
![]() | $2,160,000131-07 40th Road E08Flushing, NY 11354 |