Sherry S. Khan
Call: (516) 606-1272
Text: (516) 606-1272
BEDS0
BATHS
MLS#947446
STATUSActive
PROPERTY TYPECommercial -
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.
Property Features
Property Type: Commercial -
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.03 Acres
Stories: 5.0
Taxes: $16,412
Year Built: 2007
Feature Descriptions
Building Area Total: 5007
Days on Site: 204
Exterior: Brick
Heating Zones: 5
On Market Date: 2026-01-02
Parcel Number: 05060-0151
Parking Features: None
Rental Term: Monthly
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 6
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
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Listed By / Shown By
Listing By
Agency Name: Prime Realty
Agency Contact: 718-229-2922
Shown By
Agent Name: Sherry S. Khan
Agent Phone: (516) 606-1272
Agency Title: Laffey Real Estate
131-44 40th Road | MLS# 947446
This commercial property located at 131-44 40th Road, Flushing, NY 11354 is currently listed for sale with an asking price of $2,699,000. Search Flushing real estate on sherrykhan.laffey.com today.