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  • This offering consists of a package of 3 adjacent mixed-use buildings with substantial redevelopment potential, locatedin the heart of Downtown Flushing—one of Queens’ fastest-growing neighborhoods. The subject property sits in an R7-1 zoning district with an FAR of 4.8, making it a prime development site for future residential expansion or repositioning. Currently, all residential units are leased at more than 20% below market rent, offering investors a clear value-add opportunity through rental adjustments. With stable tenancy, underutilized income, and long- term development upside, this asset offers both immediate cash flow and significant future growth potential. As part of a 3-building package, this is a rare opportunity to acquire a strategic footprint in a high-demand urban core with strong connectivity and sustained market momentum. 5
    14808 35th Avenue Flushing, NY 11354
    $1,860,000
    11 Bedrooms 6 Full Baths
    Multi Family For Sale ML# 877461
    This offering consists of a package of 3 adjacent mixed-use buildings with substantial redevelopment potential, locatedin the heart of Downtown Flushing—one of Queens’ fastest-growing neighborhoods. The subject property sits in an R7-1 zoning district with an FAR of 4.8, making it a prime development site for future residential expansion or repositioning. Currently, all residential units are leased at more than 20% below market rent, offering investors a clear value-add opportunity through rental adjustments. With stable tenancy, underutilized income, and long- term development upside, this asset offers both immediate cash flow and significant future growth potential. As part of a 3-building package, this is a rare opportunity to acquire a strategic footprint in a high-demand urban core with strong connectivity and sustained market momentum.
    Presented By: Compass Greater NY LLC  917-569-8850
    Call Today: or  Email: Liberty Realty
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than Liberty Realty - Subsite 4 are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Victor Jalinos
Victor Jalinos
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Victor Jalinos Licensed Associate Real Estate Broker Office: 201-610-1010 Cell: 201-394-1537 Fax: 201-526-4520 1 MARINE VIEW PLAZA, HOBOKEN, New Jersey, 07030
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