Prime Flushing Mixed-Use / Community Facility Building For Sale. Located in the heart of Flushing, just one block to LIRR and subway access, and minutes to the public library with strong daily foot traffic.
Built in 2017, this well-maintained 6-story building with a full basement offers approximately 13,123 SF of interior space. Each unit features separate utilities, providing efficient management and flexible leasing options.
This is a rare opportunity to acquire a newer construction, full building in a highly desirable location. Minimal renovation required, making it ideal for investors seeking stable income potential.
Potential for future conversion to residential use (subject to approvals), offering both immediate cash flow and long-term development upside.
132-50 41ST Avenue, Flushing, NY, 11354
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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