131-44 40th Road, Flushing, NY 11354

$2,699,000

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List Price
$2,699,000
Price Change
▼ $200,000 1778597465
Days on Market
211
MLS#
947446
Number Of Families
6
Status
ACTIVE
Lot Size
1200

Property Description

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.

Additional Information

Year Built
2007
Stories
5
Total Taxes
16412
Heating
Natural Gas
Parking
None
Basement
Finished, Full, Walk-Out Access
Water
Public
Sewer
Public Sewer
Taxes
$16,412

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Shirley Y. Chen (shirleychen727@gmail.com) from Listing Office: Prime Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.