13340 37th Avenue, Flushing, NY 11354
- 4,944 sqft
Multi-Family Home 
Built in 2004 
1,516sqft lot
—— car garage 
$1,009/sqft 
Listed 3 months ago
Property Description
Prime Mixed-Use Investment in the Heart of Downtown Flushing A rare opportunity to acquire a fully leased (with the exception of the basement) mixed-use building in one of the most dynamic and fast-growing corridors of Flushing. This well-maintained property offers a strong, stable income stream today with significant upside for tomorrow. Basement: Vacant and ready for lease — an ideal space for a new tenant looking to capitalize on Flushing’s unmatched foot traffic. First Floor: Occupied by a popular, well-established dessert restaurant with strong brand recognition and reliable rental income. Second Floor: Leased to a long-term office tenant, providing consistent and dependable revenue. Third & Fourth Floors: Each features a spacious 3-bedroom, 2-bath residential unit, generating excellent rental income in a high-demand neighborhood. With a projected cap rate of approximately 6%, this property is low-maintenance, easy to manage, and perfectly suited for both seasoned investors and those seeking a stable, hands-off return. Positioned in a rapidly developing section of Downtown Flushing, this asset offers the perfect blend of current cash flow and future appreciation. Don’t miss your chance to secure a solid, income-producing property in one of Queens’ most vibrant commercial and residential hubs.
- Listing Status:
- Active
- Listing Office:
- Keller Williams Rlty Landmark : 718-475-2700
- MLS ID:
- 875158
- Parking: Off StreetParking spaces: 0
- Originating MLS: onekey2
- County: Queens
- Zoning: 04972-0034
- Utilities: Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
- Water: Public
- Sewer: Public Sewer
- Source: onekey2
This listing courtesy of Keller Williams Rlty Landmark
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
