Price Reduced 10.00%
Price History
$2,999,000
6/5/2025
$2,699,000
11/4/2025
131-44 40th Road, Flushing, NY, 11354
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.
Status:
Active
Type:
Commercial
Units:
6
Heating:
Natural Gas
Cooling:
None
Basement:
Finished, Full, Walk-Out Access
Levels:
5
Acreage:
0.03
Est. Taxes:
$16,412
Assessment
$249,750
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Days on Market:
191
MLS #:
873722
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Prime Realty 718-229-2922