Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    132-38 41St Ave Flushing, NY 11355

    For Sale
    $5,880,000

    Mixed Use - Flushing, NY

    Type:Mixed Use
    Property size:
    6,946 SF
    Lot size:
    0.05 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 132-38 41St Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Parking
    1
    Size
    6,946 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Floors in Building
    2
    Flooring type
    Granite, Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Efocus Team Real Estate Inc (929) 627-0912

    Listing agent Chun Ying (Emily) Chen (347) 882-1913

    Listing date Sep 22, 2025

    MLS# 495932 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flushing Mixed-Use Building For Sale

    Located in the heart of Flushing, New York, this mixed-use building offers both commercial and residential spaces. The property is situated minutes from Main Street, the subway, and a supermarket. The building features six one-bedroom apartments and two doctor's clinics. The lower level and first floor are configured as doctor's clinics, totaling 3,600 square feet. The lower level has a monthly rent of $6,700, while the first floor rents for $12,000 per month. The second floor generates $6,000 monthly, and both the third and fourth floors each bring in $3,600 per month. Each floor contains two one-bedroom and one living room units, totaling six units. There is an elevator from the lower level to the second floor. The annual rent for the entire building is $383,000. The landlord is responsible for water, electricity, and gas, but tenants cover these costs. The average quarterly water bill is $1,200. Annual insurance for the building is $3,600, and the property tax is $53,000 per year. The property size is 6,946 square feet and the lot size is approximately 0.048 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.906102
    Latitude
    40.744287

    Nearby Similar for Sale

    • $2,249,000
      0.05 Acres

      Ridgewood Multifamily in Historic District

      Well-maintained Ridgewood multifamily property near transportation and amenities.
      6046 Putnam Ave, Ridgewood, NY 11385
      View Details
    • $1,148,888
      Pending

      Charming Whitestone Duplex with Large Yard

      Well-maintained two-family home in prime Whitestone with a private backyard.
      163 15Th Dr, Whitestone, NY 11357
      View Details
    • New
      $1,499,999
      0.15 Acres

      Two-Family Home in Rego Park

      Two-family brick home in the heart of Rego Park.
      66-11 Burns St, Rego Park, NY 11374
      View Details
    • $2,288,000

      New Brick Triplex in Ridgewood

      Newly built Ridgewood triplex with modern layouts and parking.
      6014 Menahan St, Ridgewood, NY 11385
      View Details
    • $1,288,000
      Pending

      Two-Family Home in Fresh Meadows

      Charming two-family home in desirable Fresh Meadows neighborhood.
      183-11 64Th Ave, Fresh Meadows, NY 11365
      View Details
    • $1,650,000
      Pending

      Solid Stone Flushing Two-Family Home

      Two-family home in Flushing with strong rental income potential.
      154-39 64Th Ave, Flushing, NY 11367
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Flushing, NY with commercial and residential units.
    Where is this mixed-use property located?
    The property is located at 132-38 41St Ave Flushing, NY.
    What is the asking price?
    The asking price for this property is $5,880,000.
    What are key features of this property?
    This property features: - High annual rental income of $383,000.; - Prime location in the heart of Flushing, NY, near Main Street, subway, and supermarket.; - Mix of commercial (doctor's clinics) and residential (6 apartments) units.
    (347) 882-1913
    Request Owner's contact information
    132-38 41St Ave Flushing, NY 11355
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    132-38 41St Ave
    Flushing, NY 11355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132-38 41St Ave Flushing, NY 11355
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.