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131-44 40th Rd Flushing, NY 11354
$2,699,000
  • Commercial
  • Year Built 2007
  • Multi Family
  • ML# 873722

Property Details

Overview

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.

Key Facts

  • Lot Size: 0.0275
  • Lot Sq Ft: 1200
  • Taxes: $16,412
  • Sale or Rent: Sale

Additional Features

  • Construction Materials: Brick
  • Stories: 5

Interior & Utilities

  • Heat: Natural Gas
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $16,412
Listing Information provided courtesy of Prime Realty  718-229-2922
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